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Mari Gas Company Limited.

To keep pace with Pakistan's ever increasing energy and fertilizer needs, Mari Gas Company Limited intends to actively participate in exploration for oil and gas. Plants are a foot to increase MGCL's share of the energy market. The Company feels that discovery of new fields producing oil and gas, is the surest way to add to existing reserves of hydrocarbons, there-by contributing towards Pakistan's energy independence.

Mari Gas Company Limited is an unlisted public limited company organised under the laws of the Islamic Republic of Pakistan. The present shareholders of the company and their respective shareholdings are as follows - Fauji Foundation 40 per cent, Government of Pakistan - 40 per cent, OGDC - 20 per cent. The company's head office is in Islamabad with regional offices at Karachi and Daharki. As per new policies the Government is diluting its shareholding by 50 per cent.

The company operates a gas field, known as the Mari Gas Field, located about 80 km. North East of Sukkur, Sindh. The Mari Gas Field was discovered in 1956 by the Pak-Stanvac Project, later known as Esso Eastern Pakistan Ltd., with the drilling of Mari Well No. 1. Two other appraisal wells were also drilled and the field was left undeveloped for lack of a suitable market till 1965-1966.

The Mari Gas Field is located in the central portion of the Indus Basin and production is from the Lower Kirthar Limestone reservoir that is of Eocene geologic age. The structure is relatively flat, broad anticline, with the gas underlain by water. The field is spread over an area of approximately 340 square miles. The total original gas-in-place was determined to be 9.7 trillion cubic feet. Current estimates put total recoverable reserves (1988) at over 6.3 trillion cubic feet. This would make Mari gas field the largest gas field in Pakistan based on recoverable reserves alone. Mari gas is suitable for Urea fertilizer production due to its higher contents of carbon dioxide and nitrogen.

The Mari Gas Field was developed in four phases from the start of commercial production in December 1968, to its present production level of about 300 million cubic feet per day from 48 producing wells. Gas is being supplied to three fertilizer plants-Engro Chemical Fertilizer at Daharki, Pak-Saudi at Mirpur Mathelo, Fauji Fertilizer at Goth Machi, and to WAPDA's Guddu Thermal Plant at Guddu. Today, Mari Gas Company's contribution to Urea fertilizer production exceeds 58 per cent of the total gas feed-stock used in Pakistan.

Mari Gas Company is in the midst of undertaking the fifth phase of gas field development. Under this phase 14 more wells will be drilled to provide 100 million cubic feet of additional production capacity. This additional gas is to be utilized at Engro Chemical and Fauji Fertilizer plants for increased production of Urea fertilizer. With the completion of Phase Five, Mari Gas will be providing about 70 per cent to all feed-stock gas for Urea fertilizer production in Pakistan.

To keep pace with Pakistan's ever increasing energy and fertilizer needs, Mari Gas Company Limited intends to actively participate in exploration for oil and gas. Plants are afoot to increase MGCL's share of the energy market. The Company feels that discovery of new fields producing oil and gas, is the surest way to add to existing reserves of hydrocarbons, there-by contributing towards Pakistan's energy independence.
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Publication:Economic Review
Date:Feb 1, 1992
Words:557
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