Minister for Petroleum & Natural Resources, Shahid Khaqan Abbasi visited Mari Petroleum Company Ltd (MPCL) Head Office in Islamabad on Thursday and appreciated the operational performance of MPCL in the fields of exploration and production. The minister was earlier received at MPCL Head Office by Lieutenant General Ishfaq Nadeem Ahmad (Retd), MD & CEO of Mari Petroleum Company. A detailed presentation regarding MPCL's performance was given to the federal minister, stated a press release.
The minister was informed that MPCL is presently working in eight operated and five non-operated blocks with 125 producing wells. The minister was pleased to note that MPCL has 77% success ratio. Abbasi was informed that the MPCL has drilled 13 exploratory wells during the last four years (2013-2017) out of which 10 were successful and in result its gas, oil & condensate production has increased significantly.
The federal minister was particularly pleased to note that MPCL is contributing in Pakistan's food security through gas production which is resulting in production of 80% of country's Urea, and supplying uninterrupted gas to all its customers since 1967. The federal minister hailed the efforts of the MPCL employees and management and urged them to continue working with the present commitment, zeal and enthusiasm.-PR