Attock Group of Companies
| Public | |
| Traded as | KSE |
| Headquarters | Rawalpindi, Pakistan |
| Revenue |
 Rs. 419.34 billion (US$ 4.11 billion) |
Number of employees | 10,000 |
Attock Group of Companies commonly known as Attock Group is a Pakistani multinational conglomerate company headquartered in Rawalpindi District. Attock group the sole vertically integrated oil conglomerate of the country, it includes 7 subsidiaries. As one of the major players in the Pakistan's economy, it is engaged in oil exploration, production, refining, manufacturing of petroleum products, chemicals, manufacturing and trading of cement, real estate, and other sectors. In first nine months of fiscal 2013 The group made a joint revenue of Rs. 419.34 billion (US$ 4.11 bilions) and a joint profit of Rs. 2.945 billion (US$ 28.87 millions) .[1]
Companies
The Attock Group consists of the following companies:
Pakistan Oilfields Limited (POL)
Pakistan Oilfields was founded on November 25, 1950 and is one of the oldest Pakistani exploration and production company. In 1978, POL took over the exploration and production business of AOC. Since then it has been investing independently and in joint ventures with various E&P companies for the search of oil and gas in the country. Aside from exploration and production of gas, POL also operates an extensive network of pipelines for transporting its own crude oil as well as that of others to ARL. It also manufactures LPG, Solvent Oil and Sulphur.
Attock Refinery Limited
Attock Refinery Limited (ARL), is the pioneer in crude oil refining in the country with its operations dating back to the early 1900s. Attock Refinery located in Rawalpindi, began its operations in February 1922, when two small stills of 2,500 barrels per day (bpd) came on stream at Morgah following the first discovery of oil at Khaur where drilling started on January 22, 1915 and at very shallow depth of 223 feet 5,000 barrels of oil flowed. After discovery of oil in Dhulian in 1937, the Refinery was expanded in late thirties and early forties. A 5,500 bpd Lummus Two-Stage-Distillation Unit, a Dubbs Thermal Cracker, Lubricating Oil Refinery and Wax Purification facility and the Edeleanu Solvent Extraction unit for smoke-point correction of Kerosene were added.
There were subsequent discoveries of oil at Meyal and Toot (1968). Reservoir studies during the period 1970-78 further indicated high potential for crude oil production of around 20,000 bpd. In 1981, the capacity of Refinery was increased by the addition of two distillation units of 20,000 and 5,000 bpd capacity, respectively. Due to their vintage, the old units for lube/wax production, as well as Edeleanu, were closed down in 1986. In 1999, ARL commenced JP-1 pipeline dispatches, and in 2000, a Captive Power Plant with installed capacity of 7.5 Megawatt was commissioned. Another expansion and up gradation project was completed in 1999 with the installation of a Heavy Crude Unit of 10,000 bpd and a Catalytic Reformer of 5,000 bpd. ARL’s current nameplate capacity stands at 43,000 bpd and it possesses the capability to process lightest to heaviest (10-65 API) crudes.
National Refinery Limited, Karachi
The Attock Oil Group of Companies through the process of Privatization has acquired 51% shareholding of National Refinery Limited, Karachi with Management control and thus become the largest Group having huge investment in Oil & Gas and Refining sector of Pakistan. National Refinery Limited (NRL) was incorporated as a Public Limited Company at Karachi in 1963. NRL is a petroleum refining and petrochemical complex producing a wide range of fuels, lubes, BTX (petrochemicals), asphalts and specialty products for domestic consumption and export. NRL has crude oil processing capacity of 2,710,500 tonnes per annum (TPA), its lube refineries have a designed production capacity of 176,200 TPA of lube base oils (LBO) and its BTX unit has a designed production capacity of 25,000 TPA. NRL enjoys a competitive edge as it is the only refinery producing lube base oils in Pakistan.
Attock Petroleum Limited (APL)
Attock Petroleum Limited (APL), sponsored is by the Pharaon Commercial Investment Group Limited and Attock Oil Group of Companies, started its operations in 1997. APL is the only OMC in Pakistan belonging to a Group involved in Oil Exploration, Production and Refining. Over the last five years, APL has expanded its retail outlet network at an appreciable pace with its 128th Retail Outlet already commissioned in December 2005. Further, with its latest Storage Terminal at Rawalpindi and planned storage terminals at Mehmood Kot, Machike, Taru Jabba and Port Bin Qasim. APL has become a major exporter of petroleum products including road bitumen to Afghanistan and is also facilitating export of Naphtha to Middle East, Far East and South Asia. APL also offers a wide range of petroleum products and lubricants. It is also registered with Afghan Investment Support Agency (AISA) to operate in Afghanistan as an OMC and has established its office in Kabul.
Attock Cement Pakistan Limited (ACPL)
Attock Cement Pakistan Limited (ACPL) was incorporated in Pakistan on October 14, 1981 as a Public Limited Company and is listed on the Karachi Stock Exchange. The company started its commercial production on June 1, 1988. ACPL’s current production capacity is 2,400 MTPD. Due to an overall surge in cement demand in the country over the last couple of years coupled by growth in regional market, ACPL has decided to increase its production capacity to 5,400 MTPD by setting up a new plant with a capacity of 3,000 MTPD. The new plant is scheduled to be completed and start trial production by January 2007.[2]
Attock Information Technology Services (Private) Limited
AITSL is an information technology services company. It assists the Attock Group Companies in adapting to and implementing supervisory control and data acquisition, SCADA, plant automation, oil movement and storage, remote Well Head, pipeline management and monitoring as well as other technology intensive solutions. AITSL has been catering to the demands of IT-related outsourcing, centralization of IT operations and services, design and implementation of local and wide-area networks, wireless connectivity, Supervising ERP implementation and CCTV-based security. Attock Information Technology Services (Pvt.) Limited (AITSL) was incorporated on October 27, 2000, as a private limited company (PLC) to set up basic infrastructure, communication systems and computer installation and provision of IT-related services.
Attock Gen Limited
Attock Gen Limited (AGL) is an independent power producer. AGL has 25 years business partnership with National Transmission and Dispatch Company for dispatch of energy, backed by the guarantee of Government of Pakistan. AGL is a 165 MW Gross Combined Cycle Fuel Oil Fired Thermal Power Plant with Nine (9) Reciprocating Engines and One (1) Steam turbine of world proven technology introduced by Wartsila Finland. The Company started its commercial operations in March 2009.
References
External links
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As of July 2013 |
