Company Profile

Cnergyico Pk Limited is Pakistan’s largest oil refining company by capacity, having the nation’s highest refining capacity of 156,000 barrels per day. Cnergyico was incorporated as Bosicor on 9 January 1995. Engaged in the business of oil refining, petroleum and lubricants marketing, Cnergyico has become a leader in Pakistan’s energy sector. It is the only vertically integrated company in the country’s petroleum industry. Cnergyico produces a wide range of refined petroleum products, including LPG, Motor Gasoline, Kerosene, Jet Fuels, High-speed Diesel, and Furnace Oil. The company’s vision is to achieve sustainable productivity and deliver shareholder return while upholding high environmental, health and safety standards.

Cnergyico’s Founder, Mr. Pervez Abbasi, established Bosicor (later renamed Cnergyico) to help make Pakistan self-sufficient in energy production. His dream materialized two decades later in 2015 with the launch of ORC-2, Cnergyico’s larger refining complex. It is Pakistan’s single largest refinery with a design capacity of 120,000 barrels per day. Cnergyico hopes to keep increasing its production, saving Pakistan’s economy and national exchequer precious foreign exchange which would otherwise be spent on importing refined products. In 2007, Cnergyico launched its first retail outlet in Sukkur. Since then Cnergyico’s oil marketing retail network has expanded rapidly. Today Cnergyico has more than 473 retail outlets nationwide, and is growing by 35-40 outlets annually.

One of Cnergyico’s major strategic advantages is its Single Point Mooring (SPM) facility. Made operational in 2012, Cnergyico’s SPM is the only floating liquid port in the country, allowing Cnergyico to import crude oil and refined petroleum products directly. Cnergyico’s SPM is a strategic asset for Pakistan’s economy and is considered a National Asset. The SPM is situated 15 km from Cnergyico’s refinery, connected to the refinery storage tanks via 11.5 km undersea and 3.3 km onshore pipeline. The SPM imported its first shipment of crude oil in December 2012, and has been in continuous operation since then, including the severe monsoon season which was previously considered impossible for the area. Cnergyico’s SPM has handled around 16 million metric tons of crude oil since inception, and feeds the crude requirement of Cnergyico’s refining complex. Due to its being positioned in the deep sea, the SPM’s depth of 26 meters allows much larger vessels (VLCC’s, or Very Large Crude Carriers) to deliver much larger shipment of oil and products, providing economies of scale to the Company. Cnergyico catered Pakistan’s record largest ever shipment of crude of 102,000 metric tons through the SPM in 2017.

In January 2021, Cnergyico conducted the ground-breaking of its “Upgrade-I” Project, which includes the installation of Pakistan’s largest, state-of-the-art Fluidized Catalytic Cracking (FCC) unit and a Diesel Hydro Desulphurizing (DHDS) unit. This upgrade will allow Cnergyico to reduce the Sulphur content of diesel produced and convert furnace oil into gasoline and diesel, enabling the company to be the first Pakistani refiner to produce Euro V compliant fuels.

KEY FACTS Cnergyico Pk Limited
Name Cnergyico Pk Limited
Country Pakistan
Date of Incorporation January 9, 1995
Registered Under The Companies Ordinance 1984.
Location Mouza Kund, Hub, Baluchistan, Pakistan
Status Listed Company
Chief Executive Officer Amir Abbassciy
Registered Address 9th Floor, The Harbour Front, Dolmen City, HC-3, Block-4, Marine Drive, Clifton, Karachi-75600, Pakistan.
Portfolio Oil Refining, Chemical Manufacturing, Petroleum Marketing, Petroleum infrastructure and Logistics
Key Installation Status Capacity Major Products/Services
Oil Refinery Operational 156,000 barrels per day Refined Petroleum Products (Gasoline, High Speed Diesel, Furnace Oil etc).
Aromatic Plant Project Phase 27,300 barrels per day Benzene, Mixed Xylene, Para Xylene, Ortho Xylene, C9 and Raffinate.
Single Point Mooring Operational To handle 100,000 Deadweight Tonnage (DWT) vessels Pumping of feed stcok through 28 inch Pipelines (3.3 km on-shore pipelines and 11.5 km off-shore pipelines) connecting SPM with the storage terminals at Cnergyico’s Installations.
Storage Terminals Operational 277,000 MT Storage Facilities for Crude Oil and Petroleum Products.
Petroleum Marketing Operational Over 473 Retail Stations Marketing of Petroleum products.
Website www.cnergyico.com
Subsidiary Cnergyico Isomerate Pakistan (Private) Limited
Company Auditors Yousuf Adil Chartered Accountants
Shares Registrar FAMCO Share Registration Services (Private) Limited
  • Pakistan Institute of Corporate Governance (PICG)
  • Karachi Chamber of Commerce & Industry (KCCI)
  • Lasbela Chamber of Commerce & Industry (LCCI)
  • Overseas Investors Chamber of Commerce & Industry (LCCI)
  • Petroleum Institute of Pakistan (PIP)
  • Oil Companies Advisory Committee (OCAC)
  • Employee’s Federation of Pakistan (EFP)
National Tax Number (NTN) 0815616-6
Computer generated Unique Identification Number (CUIN) 0034007

Organization Structure


28 Years of Excellence, Success, and Progress.

Since inception, we have been touching lives and breaking boundaries in Pakistan’s energy landscape. Join us in celebrating 28 Years of Excellence, Success, and Progress.

Pakistan's first and only floating liquid port

Innovation is a core part of Cnergyico’s DNA, and our SPM facility – the first of its kind in Pakistan – is a testament to our commitment.