(September 1, 2022) Cnergyico Pk Limited (formerly Byco Petroleum), Pakistan’s largest vertically integrated oil refining company, is supporting relief efforts to assist the people who have been affected by the catastrophic floods in Balochistan. The recent spell of torrential rains has taken a heavy toll on the country, particularly on parts of Balochistan where thousands of precious lives have been lost while people’s homes, businesses, and public infrastructure have been badly damaged.
“Cnergyico is guided by its long-standing principle of supporting humanitarian efforts and uplifting communities during times of crisis,” Cnergyico’s Vice President for Information Mr. Azfar Saeed Baig said “To ease the burden of the victims of the flood, Cnergyico has embarked on Corporate Social Responsibility initiatives and seeks to provide critical support to the vulnerable families. Through the ongoing and future CSR programmes, Cnergyico will take measures to alleviate the suffering and protect the dignity and integrity of our countrymen affected by this natural disaster.”
Cnergyico’s employees have voluntarily contributed at least one day’s salary to a fund created to help the flood victims. The company matched the total contributions, thereby doubling the size of the donation. These funds have been forwarded to the LCCI (Lasbela Chamber of Commerce) who will ensure appropriate utilization, particularly for meeting the most urgent needs of the people of the Lasbela District.
Cnergyico is also planning to take a range of other measures to support relief operations in the flood-hit regions of Balochistan as well as Sindh.
About Cnergyico: Cnergyico Pk Limited is one of Pakistan’s leading energy firms, engaged in the businesses of oil refining, petroleum marketing, and petroleum logistics. Cnergyico's mission is to meet the nation’s energy. The Company manufactures a wide range of petroleum products with a vision to achieve sustainable productivity and profitability while upholding high environmental, health and safety standards.
Cnergyico is Pakistan's largest oil refiner by design capacity, and is the nation’s only firm having a dedicated Single Point Mooring (SPM). Cnergyico's SPM is the only floating liquid port in the country, and the company employs a round-the-clock crew dedicated for the safety and security of the buoy and vessels in and around the SPM's anchorage area. The SPM is Pakistan's only terminal having a Tier 3 oil spill response membership.
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. The Company is proud to have the largest capacity crude oil storage tanks in the country. Cnergyico's marketing network supports retail outlets in more than 80 cities all over Pakistan and is an emerging player in Pakistan's oil marketing sector. Cnergyico's diverse and highly skilled workforce consists of approximately 900 dedicated employees across the firm’s divisions.
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