Mari Energies signs key agreements to boost gas supply

News Image

MG News | March 24, 2026 at 10:26 AM GMT+05:00

0:00

March 24, 2026 (MLN): Mari Energies Limited (PSX: MARI), the 100% working interest owner and operator of the Mari gas field, has executed multiple agreements for the Pressure Enhancement Facilities (PEF) Project with major fertilizer companies including Fauji Fertilizer Company Limited, Engro Fertilizers Limited, and Fatima Fertilizer Company Limited.

The PEF Project is a strategic initiative aimed at debottlenecking gas pipelines and installing compression facilities across the gas gathering network.

This will help maintain the minimum delivery pressure of Habib Rahi Limestone (HRL) reservoir gas, potentially extending production plateau and ensuring consistent gas supply to domestic fertilizer plants.

By securing reliable gas for these facilities, the project directly supports urea production and contributes to national food security.

Mari Energies emphasized that the PEF Project reflects its commitment to collaborating with domestic industry to strengthen energy infrastructure and ensure sustainable operations.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 154,999.94
94.98M
1.48%
2259.57
ALLSHR 93,059.16
181.32M
1.31%
1200.69
KSE30 47,042.17
47.92M
1.77%
818.56
KMI30 223,660.45
44.75M
2.07%
4529.53
KMIALLSHR 60,519.61
102.50M
1.50%
894.33
BKTi 42,400.81
17.34M
0.70%
296.36
OGTi 32,660.00
5.01M
1.81%
582.13
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 70,515.00 71,140.00
70,145.00
-220.00
-0.31%
BRENT CRUDE 102.35 104.35
100.51
2.41
2.41%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00
-11.50
-10.37%
ROTTERDAM COAL MONTHLY 123.30 123.30
123.30
1.70
1.40%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50
0.00
0.00%
CRUDE OIL - WTI 90.84 92.29
88.50
2.71
3.08%
SUGAR #11 WORLD 15.52 15.75
15.38
-0.18
-1.15%

Chart of the Day


Latest News
March 24, 2026 at 11:46 AM GMT+05:00

Pakistan named world’s most polluted country in 2025


March 24, 2026 at 11:19 AM GMT+05:00

AGP net profit jumps 46% in CY25


March 24, 2026 at 10:53 AM GMT+05:00

Oil shock spurs hawkish talk but EM assets hold firm


March 24, 2026 at 10:26 AM GMT+05:00

Mari Energies signs key agreements to boost gas supply


March 24, 2026 at 10:24 AM GMT+05:00

NBP issues foreign exchange rates



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg