PGNiG signs partnership deal with another Pakistani gas producer

WSE-listed gas giant PGNiG signed a strategic partnership deal with Pakistani firm Mari Petroleum, country's second-largest natural gas producer, PGNiG said. The deal assumes cooperation on the Pakistani market and beyond on upstream operations, including exploration of locals shale gas deposits. “This is another step in the development of PGNiG's operations in Pakistan, where we want to extract more and more natural gas. Cooperation with Mari Petroleum Company Limited will increase our recognition on the local market and allow access to attractive projects,” said PGNiG CEO Piotr Woźniak. This is the company’s second such deal in Pakistan, having previously signed a similar agreement with Pakistan Petroleum Limited. Moreover, PGNiG is extracting natural gas from two fields in Pakistan - Rehman and Rizq and hopes to reach 1 million cubic meters daily output this year.