About Oilco

About Us

ABOUT OILCO PETROLEUM PVT LTD

In business since 1968, OILCO has a rich experience in marketing, storage and transportation of POL products. With a view to capitalize on these five decades of phenomenal success, the company has been formally incorporated as a Private Limited Company with SECP (Securities and Exchange Commission of Pakistan) in 2013 and subsequently has been granted a marketing license from Oil & Gas Regulatory Authority (OGRA) in 2017.
Carrying on a legacy of trust, quality and service, OILCO is all set to propel Pakistan’s journey towards progress and prosperity, in the days ahead. Intently focused on quality, environment, infrastructure development and customer-care, OILCO is proudly Pakistani with a Global outlook.

We take great responsibility in providing the best quality oil along with unmatched services at the right place. Developing our products and services based on the needs of our valued customers, we approach the challenge of securing their satisfaction and loyalty by focusing on two-way communication, unparalleled performance, and fostering a continuous improvement culture in all areas of our operations. Strictly adhering to highest ethical standards, we believe in community and environmental well being and strive to maintain quality at all levels, as demonstrated by our Quality Policy Statement and the stringent quality objectives we have set for ourselves.

With strong support and guidance from our sponsors, the relentless and dedicated effort of our team of professionals and, above all, the confidence and satisfaction of our customers, we are confidently progressing together on the road to success.

MESSAGE FROM CEO:

It gives me great pleasure to introduce OILCO as Pakistan’s emerging market player in downstream Oil and Gas sector. With decades of experience in marketing, storage and transportation of POL products, OILCO is focused on fine tuning the prevalent business environment to bring it at par with international standards.
OILCO understands its obligations towards the environment and the communities that we operate in.
OILCO is one of the emerging OMCs which has secured White Oil Pipeline (WOP) agreement with Pak-Arab Pipeline Company (PAPCO) for transportation of Hi-Speed Diesel (HSD) from southern to central region of Pakistan.
OILCO has recently signed a 10-year fuel supply agreement with a renowned IPP’s. . OILCO plans to have 80 retail sites online by FYE 2019, which will significantly contribute to retail sales.
OILCO has substantive storage at prime location at Machike (Sheikhupura), which is also being connected with PARCO manifold as well as siding of Pakistan Railway to transport fuel by Rail. We are currently negotiating a further storage facility with FOTCO at Port Qasim Karachi. A renowned international lubricant brand has recently approached OILCO, and we are currently negotiating with them and an International Supermarket brand to partner with us in Pakistan.  This will provide robust support to our retail sites.
Our most valuable resource is our people. We are committed to providing our national workforce with employment opportunities and career development programs that enhance employees’ skills, improve their leadership qualities, and ultimately help us create a world class workforce.
Allowed number of retail oulets and constructed province wise
Province Allowed Limit/ Quota Constructed Under Construction
Punjab 81 67 14
Storage Capacity M.Ton
Location of Depot (Province/City) MS HSD HSD/FO LDO KO Etc.
Punjab/Sheikhupura 3,238 12000 12000 - 956 -
KPK / Amangarh - 537 - - - -
POL Product Imported and Uplifted From Local Refineries Last 6 months (M.ton)
Month MS HSD KO LDO FO Etc.
Dec-21 484.17 635.7 - - 166.66 -
Jan-22 662.9 1067.53 - - - -
Feb-22 671.73 539.88 - - - -
Mar-22 488.93 613.41 - - - -
Apr-22 713.78 514.3 - - - -
May-22 486.23 1135.08 - - - -
Imported (M.ton)
Month MS HSD KO LDO FO Etc.
Dec-21 - - - - - -
Jan-22 - - - - - -
Feb-22 - - - - - -
Mar-22 - - - - - -
Apr-22 - - - - - -
May-22 - - - - - -