MOL Pakistan signs $119m contract

Published March 26, 2008

ISLAMABAD, March 25: MOL Pakistan, the operator of Tal Block on has signed a $119 million contract with the consortium of PDIL for the development of Manzalai Field Surface Facilities.

Managing Director of MOL Pakistan Janos Feher and CEO of PDIL Muhammad Khawar Khan signed the contract, according to a company announcement here on Tuesday.

Manzalai field is located in Karak and Hangu districts of the NWFP.

The target of the project is to produce 200 MMscfd natural gas and 4,000 BPD condensate as the second stage of the Manzalai Field Development.

Together with the first stage the planned production from the Manzalai Gas field will be 250 MMscd and 4,500 BPD condensate.

The contract also sought to construct a central processing facility comprising of two 150 MMscfd capacity gas processing trains, supporting utilities, residential facilities for operators and four remote gathering stations and 7 wellheads on turnkey (EPCC) basis.

MOL Pakistan is the operator of the block and JV partners include Pakistan Petroleum Ltd, Oil & Gas Development Company, Pakistan Oilfields Limited and Government Holding of Pakistan. PDIL, represents a consortium Presson Descon International (Pvt) Ltd, Descon Engineering Ltd, Enerflex Systems Ltd.

The members of the consortium are assigned for project management, engineering, procurement, process engineering, fabrication and supply of process equipment, fabrication of equipment and site construction.

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