The Special Investment Facilitation Council (SIFC) celebrates another milestone as Mari Petroleum Company Limited (MPCL) successfully concludes testing and drilling its third well in the Ghazi area. Beginning operations on February 15, 2024, the well reached a depth of 1,483 meters, poised to enhance Pakistan’s energy landscape pending regulatory approval. Facilitated by the SIFC, efforts to explore and exploit oil and gas resources in Pakistan’s coastal and marine regions are gaining traction, with MPCL’s recent achievements reflecting investor confidence. These endeavors not only promise to bolster the nation’s energy sector but also signal opportunities for sustainable growth, expanding revenue streams and attracting further investment in Pakistan’s energy industry.
MPCL’s Success in Ghazi Area Boosts Pakistan Energy Sector
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