Meet the SBC Member

PARCO Gunvor Limited (PGL), represented by its Chief Executive Officer, Mr. Asif Iqbal.

PARCO Gunvor Limited (PGL) is one of Pakistan’s leading energy companies and a joint venture between Pak-Arab Refinery Limited (PARCO) and Gunvor Group. With roots in Pakistan’s energy sector dating back to 1997, the company previously operated as Total PARCO Pakistan Limited before transitioning to PARCO Gunvor Limited in 2024, reflecting its continued evolution and commitment to innovation and sustainable growth. PGL serves both retail and B2B markets across Pakistan and is recognized for its strong focus on operational excellence, sustainability, customer-centricity, and diversified energy solutions. The company offers a wide portfolio of fuel, lubricant, mobility, and convenience retail solutions through internationally recognized brands and services including TOTAL®, EXCELLIUM®, QUARTZ®, RUBIA®, Hi-PERF®, WASH®, and QUARTZ auto services®.

Under the leadership of Mr. Asif Iqbal, CEO of PARCO Gunvor Limited continues to play a significant role in advancing Pakistan’s energy landscape while creating long-term value through responsible business practices and sustainable development initiatives. The company is also widely recognized for its efforts in diversity, inclusion, women empowerment, environmental sustainability, and corporate social responsibility. PGL was one of the first oil marketing companies in Pakistan to onboard women and persons with disabilities at service stations and has received numerous prestigious awards and recognitions for its sustainability and social impact initiatives.

Mr. Asif Iqbal’s career in the energy sector spans over two and a half decades, shaped by a steady progression of roles across Pakistan, Southeast Asia, and the Middle East. A graduate of NED University of Engineering and Technology and holder of an MBA from the University of Central Oklahoma, he began his journey at Total PARCO Pakistan Limited in 2001. Over the years, he took on expanding responsibilities across retail, supply chain, lubricants, and operations with TotalEnergies, including executive leadership roles in Indonesia, Cambodia, and Vietnam.

With a workforce of over 1,000 skilled professionals and an extensive stakeholder network across the country, PARCO Gunvor Limited continues to strengthen its position as a forward-looking and responsible energy partner for Pakistan’s future.

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