Cnergyico

[5][6] Cnergyico was formed by the father-son-duo of Parvez Abbasi and Amir Abbassciy on January 9, 1995, and was granted a certificate of commencement of business on March 13, 1995.

The Single Point Mooring (SPM) oil terminal was deployed in the deep sea off the coast of Balochistan.

[14] In the same year, the company opened its 300th petrol pump and the SPM achieved a milestone of handling 5 million metric tons of oil since its inception.

[17] Cnergyico operates a network of more than 475 petrol pumps located in all the major cities, towns, and highways of Pakistan.

[20] Cnergyico owns and operates Pakistan's largest oil refining complex in terms of design capacity of 156,000 barrels per day.

Cnergyico began working on the SPM project in 2010 and installed it in 2012 to avoid problems of congestion at KPT and Fotco.

[23][24] Cnergyico actively supports the development of a coral reef around its subsea oil pipeline to enhance the region’s marine biodiversity.

The coral reef situated between the SPM and Cnergyico’s oil refining complex is a rare marine habitat found in Pakistani waters.

[25] Cnergyico refines crude oil into various marketable components including Liquefied Petroleum Gas, Light Naphtha, Heavy Naphtha, High Octane Blending Component, Motor Gasoline, Kerosene, Jet Fuels, High Speed Diesel and Furnace Oil.

[24] Cnergyico Pk Ltd acquiring 57.37 per cent shares of Puma Energy Pakistan and has become the country’s second-largest fuel retailer.