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MPCL Commences Natural Gas Production from Shah Bandar Block

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Legal Editorial Desk
MPCL Commences Natural Gas Production from Shah Bandar Block
Mari Petroleum Company Limited (MPCL) has announced that it has commenced the production of natural gas from the Benari X-1 Field in the Shah Bandar Block from 3 May 2021. The Shah Bandar Block is operated by Pakistan Petroleum Limited (PPL), and MPCL holds 32 percent working interest in it. ALSO READ Japan to Hire Thousands of Pakistani IT Professionals Shah Bandar Joint Venture is located in District Sujawal, Sindh. It has agreed to process Benari X-1 gas at MPCL’s operated Sujawal Gas Processing Facility for its onward injection into the SSGC network, a local news outlet reported on Wednesday. The expected output from the field is 9.5 MMSCFD. ALSO READ MoIP Wants to Continue Oxygen Production Without Duties and Taxes This arrangement has also resulted in the early commercialization of Benari X-1 gas. Consequently, it will help to lower the overall gas deficit in the national system and will fulfill national needs from indigenous resources. This will reduce the need to import expensive gas, the news report added.
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Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.

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