ABOUT US

The concept and design of FOTCO originated from a techno-economic study carried out by the Asian Development Bank (ADB) for the development of a new oil handling facility at Port Qasim. The study resulted in the development of a Master Plan for meeting the current and future handling requirement of imported petroleum products in the country.Based on the Master Plan, the Government of Pakistan invited proposals from the private sector for construction of a Marine Oil Terminal at Port Qasim.

In response to the invitation, Fauji Foundation of Pakistan in collaboration with Canamerican Holdings Limited (now Infraavest Ltd) of Hong Kong made a successful bid and were awarded the contract to build, own and operate the first oil handling terminal in the private sector.FOTCO is located at Port Qasim about 35 km to the east of Karachi. The berth is located on the North side of the Kadiro Creek at position 24* 47"N;67*17"E.

The first vessel on the terminal was unloaded in March 1995 and the terminal was formally commissioned in April 1995. Since its commissioning in 1995, FOTCO has handled over 51 million tons of Furnace Oil. FOTCO also commenced handling Diesel and Crude at its existing jetty from 2001 and up to December 2009 has handled over 27 million tons of these products.