Islamabad, The Special Investment Facilitation Council (SIFC) has reached a significant achievement in the energy sector with the completion of testing and drilling of a third well by Mari Petroleum Company Limited (MPCL) in the Ghazi area.
According to Ministry of Information and Broadcasting, the new well is expected to enter production following the completion of necessary regulatory procedures. This development is part of broader efforts to bolster Pakistan’s energy resources, addressing the country’s ongoing needs in this critical sector.
The successful completion of this project under the auspices of the SIFC is part of a larger strategy to promote exploration and mining activities within Pakistan. This initiative by Mari Petroleum is anticipated to not only enhance the nation’s energy production capabilities but also increase revenue and boost investor confidence in Pakistan’s energy market.