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Company Profile

Important Notice

Kindly be informed that pursuant to the order dated January 19, 2017 passed in J.C.M. No.26/2016 by the Honourable High Court of Sindh; the entire undertaking(s) comprising all the assets, liabilities and obligations of Byco Oil Pakistan Limited and Byco Terminals Pakistan Limited, as a going concern, respectively, stood merged/ amalgamated with, transferred to, vested in, and are assumed by Byco Petroleum Pakistan Limited, having effect from the close of business on June 30, 2016. Certain formalities are in process, inter alia, with SECP; therefore, the information available on this website shall change accordingly.

By operation of law, inter alia, the above is binding on all the shareholders, creditors, employees, customers (having entered into a transaction, arrangement or other dealing), contracting parties, tax authorities, all regulatory / statutory bodies and persons of or with respect to the above referred entities.

Byco Petroleum Pakistan Limited was incorporated in Pakistan as a public limited company on January 09, 1995 and was granted the certificate of commencement of business on March 13, 1995. The shares of the company are listed on the Pakistan Stock Exchange Limited. The Company is engaged in the business of refining of crude oil into various saleable components including Liquefied Petroleum Gas, Light Naphtha, Heavy Naphtha, High Octane Blending Component, Motor Gasoline, Kerosene, Jet Fuels, High Speed Diesel and Furnace Oil.

The Oil Refinery is located at Mouza Kund, Hub, Balochistan. The Company commenced its commercial production from July 1, 2004 and ramped up the capacity to 30,000 bpd from February 2008 after debottlenecking of the whole plant.

The refining capacity was further enhanced by 5,000 bbl/day during turnaround in June 2010, hence making the total refining capacity to 35,000 (barrels per day).

During the year 2007, the Company has launched its fuel marketing activities managed by the Petroleum Marketing Business (PMB) formerly known as Oil Marketing Unit. The business has been re-launched with a new vision and has developed progressively during this period and is now growing aggressively, more than 261 retail outlets have been set-up, primarily focusing on retail segment and PMB is now expanding the canvas by targeting to become a dominant player in the industrial, international and retail segments. Going forward, PMB will be increasing its product portfolio by adding LPG and lubricants as well.

Plans are also underway to make LPG available at the Filling Stations, as well as to market LPG cylinders with the Company’s Brand through a distribution network and launch branded lubricants for the automotive and industrial sectors which will be available at the Filling Stations as well as in the commercial markets.

PMB is focusing and planning to cater to the international opportunities available in the region where it can market petroleum and lubricant products.

With ever-increasing competition in the market today, availability of product is a major challenge for all Oil Marketing Companies (OMCs). Byco has a distinctive advantage through its Refinery, to meet the product requirement in the south of the Country.

To assist in the delivery of product to the consumers at their doorstep, to cater to the fast growing requirements of the business in other parts of the Country, arrangements are in place to acquire products through other sources, like the White Oil Pipeline, as well as purchases from other refineries and oil marketing companies.

KEY FACTSByco Petroleum Pakistan Limited (BPPL)
Name Byco Petroleum Pakistan Limited
Country Pakistan
Date of Incorporation January 9, 1995
Registered Under The Companies Ordinance, 1984, Pakistan
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 Petroleum Marketing
Status Operational Operational
Capacity 35,000 barrels per day 261 Retail Stations
Major Products Refined Petroleum Products (Gasoline, High Speed Diesel, Furnace Oil etc). Marketing of Petroleum products.
Website www.byco.com.pk
Subsidiary Byco Terminals Pakistan Limited
Company Auditors EY Ford Rhodes
Chartered Accountants
Shares Registrar FAMCO Associates (Pvt) Limited
Memberships
  • 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