MARI PETROLEUM LTD

Company Introduction for Mari Petroleum Company Limited (MPCL)

Mari Petroleum Company Limited (MPCL) is a leading integrated oil and gas exploration and production (E&P) company operating in Pakistan. It plays a pivotal role in the country's energy sector, primarily engaged in the exploration, development, and production of hydrocarbons, predominantly natural gas. MPCL also contributes significantly to the production of crude oil and liquefied petroleum gas (LPG). The company is renowned for its vast reserves, notably the Mari Gas Field, which stands as one of Pakistan's largest gas fields and a crucial supplier of natural gas to vital sectors including fertilizer production, power generation, and other industrial consumers. MPCL is dedicated to bolstering Pakistan's energy security through efficient operations and the discovery of new hydrocarbon resources.

Regarding whether MPCL is a factory or a trader:

Mari Petroleum Company Limited is primarily an upstream oil and gas exploration and production company. It is neither a factory in the traditional manufacturing sense that produces finished goods nor solely a trader that buys and sells existing commodities without significant value addition through production. Instead, MPCL explores for, develops, and extracts raw natural resources (natural gas and crude oil) from beneath the earth. While it operates processing facilities, such as gas processing plants, to prepare the extracted natural gas for commercial use (which involves a form of processing), its core business identity is that of a producer and supplier of raw natural resources.

MARI PETROLEUM LTD produces and sells:

* Natural Gas

* Crude Oil

* Condensate

* Liquefied Petroleum Gas (LPG)