Govt approves fresh Mari gas allocation for key fertiliser plants

Mari Energies Limited, one of Pakistan’s largest E&P companies, on Thursday informed that the federal government has approved fresh allocation and pricing of natural gas from the Ghazij and Shawal discoveries in the Mari field for key fertiliser manufacturers.. The listed E&P disclosed the development in its notice to the Pakistan Stock Exchange (PSX) today. Under the approval, gas volumes have been earmarked for Fauji Fertilizer Company’s Port Qasim plant, Fatima Fertilizer’s Sheikhupura facility and Agritech’s Daud Khel unit. As per the notice, Fauji Fertilizer Company’s Port Qasim (PQ) plant in Karachi will receive the largest share, with 104 mmcfd of raw gas translating into 80 mmcfd of processed supply, followed by Fatima Fertilizer’s Sheikhupura plant with 68 mmcfd of raw gas, 52 mmcfd processed and Agritech’s Daud Khel facility with 50 mmcfd of raw gas translating into 38 mmcfd processed.