This new state-of-the-art oil refining complex will have its independent 100-MW power generation plant and 20 million metric tons storage facility.
The timing and the location of this joint venture is very crucial when viewed in the context of CPEC (China Pakistan Economic Corridor), an epoch-making project that is going to be a game changer for the region.
With a capacity of over 100 thousand BPD, Falcon Oil will be a backbone not only of PetroWell’s marketing of POL products, but of the national economy, fuelling growth and prosperity across the length and breadth of Pakistan
WAKGROUP initiated its journey of success in the 1960’s with the launch of Lahore’s first private housing society called “Lahore Cantonment Co-operative Housing Society” (currently known as DHA Phase 1). In 1984 the group entered the LPG segment through the creation of WAKGAS, which has evolved into one of Pakistan’s largest distributor of LPG with ability to manufacture bowsers and cylinders.
WAK Group continued its legacy of integrity and quality by announcing yet another community living project Pak Arab Housing Society in Lahore, in 2003. Staying in tune with changing times, today, WAK Group has diversified its portfolio to launch top-notch brands in Real Estate, Gas & Petroleum, Steel, Construction, Fashion, Media and Consumer Electronics. Over the six decades, through commitment and hard work, WAK Group has transformed itself into one of the largest business conglomerates in Pakistan.
The last 60 years have been so enriching and fulfilling that Team WAK is inspired to continue its journey in this long WAK to success.