Total Parco

Total Parco Pakistan
Type	Private
Industry	Petroleum
Founded	2002
Headquarters	Karachi, Pakistan
Parent	Total S.A. ; Pak-Arab Refinery
Website	www.totalparco.com.pk

Total Parco Pakistan Limited, stylized as TOTAL PARCO, is a Pakistani oil marketing company which is a subsidiary of French company Total S.A. The company is based in Karachi, Pakistan.

It was founded in 2002 as a joint venture between Pak-Arab Refinery (PARCO) and Total S.A.[1]

History

In 2013, the company announced a plan to acquire 438 petrol stations of Chevron Corporation Pakistan.[2]

In 2015, the company announced to acquire and rename Caltex petrol pumps in Pakistan by an investment between US$200 million and US$250 million .[3]

References

"TOTAL-Parco secures 4.5pc market share". Dawn (newspaper). 27 August 2003. Retrieved 15 September 2020.
Dinesh Nair and Michel Rose (17 September 2013). "France's Total snaps up Chevron's Pakistan retail network". Reuters News Agency website. Retrieved 15 September 2020.
Tariq Ahmed Saeedi. "Total Parco plans Rs21 billion investment for Caltex acquisition". The News International (newspaper). Retrieved 15 September 2020.

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[1] "TOTAL-Parco secures 4.5pc market share". Dawn (newspaper). 27 August 2003. Retrieved 15 September 2020.

[2] Dinesh Nair and Michel Rose (17 September 2013). "France's Total snaps up Chevron's Pakistan retail network". Reuters News Agency website. Retrieved 15 September 2020.

[3] Tariq Ahmed Saeedi. "Total Parco plans Rs21 billion investment for Caltex acquisition". The News International (newspaper). Retrieved 15 September 2020.