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PGNiG opens mine in Pakistan

12:39

PGNiG opens mine in Pakistan
State-controlled Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) has opened its first mine in Pakistan, a press release read. PGNiG plans to fully develop Rehman and Rizq deposits located in the Kirthar extraction concession, the company informed. "We believe that thanks to the deposit we have found, we will be able to significantly increase extraction output. Until now, net sales revenue in Pakistan stood at $25 million," Zbigniew Skrzypkiewicz, deputy CEO at PGNiG SA ds. Poszukiwań i Wydobycia pointed out, as quoted in the press release. Rizq-1 well was spudded in October 2014 and drilled up to a total depth of 3,173 meters. Production testing was undertaken in May 2015. PGNiG has been active in Pakistan since 2005.    

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