MariEnergies launches project to turn waste emissions into LNG

Mari Energies Limited, one of Pakistan’s largest E&P companies, has partnered with Ghani Chemical Industries Limited (GCIL) to establish a special purpose vehicle (SPV) aimed at converting waste gases into commercially viable products, including liquefied natural gas (LNG) and carbon dioxide. The listed company disclosed the development in a notice to the Pakistan Stock Exchange (PSX). “MariEnergies and GCIL have established a project company, namely GHG Emissions Mitigation Limited (GEM), to mitigate methane emissions from Sachal Gas Processing Complex (SGPC) by recovering hydrocarbons from the exhaust gas for producing and disposing in the form of LNG as well as industrial and food-grade carbon dioxide (CO2),” read the disclosure.