Pak-Arab Refinery Ltd. (PARCO) participated in the Abu Dhabi International Petroleum Exhibition andConference (ADIPEC) through its representation in the Panel Discussions and Pakistan Pavilion set up at by Petroleum Institute of Pakistan.The Abu Dhabi International Petroleum Exhibition and Conference is a world-class business forum, where oil and gas professionals convene to engage in dialogue, create partnerships, do business and identify solutions and strategies that will shape the industry for the years ahead.
Pakistan’s Ministry of Energy represented by state Minister of Petroleum, Mr Jam Kamal Khan Petroleum Institute of Pakistan (PIP) and leading oil and gas companies featured prominently in this event at the grand Pakistan Pavilion.
PARCO, a successful joint venture between the Government of Pakistan and Emirate of Abu Dhabi, hasa proven track record of implementing and commissioning energy projects showing strong financial and entrepreneurial accomplishments. PARCO’s aim is to join hands with worldwide trusted partners who can add value to PARCO’s investments.In its endeavors to bring Foreign Direct Investment in the form of various projects, PARCO arranged a series of focused meetings with international leading petroleum companies.
Mr. Tariq Rizavi, Managing Director-PARCO participated as a panelist in Global Downstream Business Leaders panel discussion, themed as ‘Refining and petrochemicals integration and downstream expansion – reinvention for sustainable growth’. MD PARCO highlighted investment opportunities in the petroleum and refining sector in Pakistan and how international firms can benefit from their investment by showcasing PARCO as a successful partnership model. Also present as panelists were Mr. Manfred Leitner, Executive Board Member, Downstream-OMV, Mr. Khalifa Al Suwaidi, Executive Director, Refining and Petrochemicals-Mubadala Investment Company, Mr. Jasem Ali Al Sayegh, CEO-ADNOC Refining and Mr. Pedro Miro Roig, Chief Executive Officer-CEPSA.