Business

Mari Energies and Ghani Chemical Form JV to Recover Hydrocarbons in Sindh

Mari Energies Limited has partnered with Ghani Chemical Industries Ltd. to launch a joint venture aimed at processing vent and exhaust gases from the Sachal Gas Processing Complex in Daharki, Sindh. The project will recover valuable hydrocarbons, producing liquefied natural gas (LNG) and industrial as well as food-grade carbon dioxide (CO₂).

The new company, in which Mari Energies holds a 51% stake and Ghani Chemical 49%, is designed to reduce greenhouse gas emissions while creating economic value for local communities and stakeholders. The joint venture follows an initial term sheet signed in July and marks a significant step toward sustainable energy practices in Pakistan’s hydrocarbon sector.

Officials highlighted that the initiative will help capture gases that would otherwise be released into the atmosphere, supporting both environmental sustainability and industrial development. The project is expected to enhance local employment opportunities and contribute to the country’s energy efficiency goals, aligning with Pakistan’s broader climate and economic objectives.

This collaboration underscores the growing focus on environmentally responsible energy projects in Pakistan, combining industrial innovation with ecological impact mitigation.