I present my heartiest congratulations to the people of Pakistan, MOL Pakistan and its JV partners on this important occasion of the inauguration of the Central Processing Facility (CPF) at Manzalai. It indeed is dreams come true. Since entering Pakistan in the year 1999 MOL Oil and Gas Group has give special importance to Pakistan as a core area for our E&P activities.
We were encourage by early results in the field and were convinced that we will be successful in making this venture successful. It is heartening to note that MOL Pakistan along with its JV partners has become a major producer of natural gas in the North of Pakistan. We will be meeting a major portion of natural gas demand for these areas. Pakistan's E&P sector has a lot of potential and we believe that given the right environment and policy framework Pakistan can attract a lot of investment in this field.
MOL Group stays committed to Pakistan and is always on the lookout for new opportunities to enhance our presence in Pakistan and be the partners of the Government of Pakistan in building Pakistan's economy. We at MOL Group are thankful to our colleagues in MOL Pakistan, our joint venture partners and our vendors each of whom had an equally important role to play in the completion of this project. We are thankful to the Government of Pakistan and Government of NWFP for their co-operation.