Mari Energies Completes Pakistan's First Third-Party Gas Sale

Mari Energies Limited has successfully completed Pakistan's first competitive third-party natural gas sale under the Framework for Sale of Gas to Third Parties. The company awarded up to 17.5 MMSCFD of gas from the Spinwam discovery in the Waziristan Block to Universal Gas Distribution Company (UGDC) through a competitive bidding process. The transaction marks the first practical implementation of the government's third-party gas sale framework, allowing eligible exploration and production companies to market a portion of gas from qualifying discoveries directly to private buyers. The initiative is expected to encourage upstream investment, improve gas commercialization, and contribute to the development of a more competitive domestic gas market.