Mari Energies denies wrongful termination of Petrosin gas agreement
Mari Energies Limited (PSX: MARI) has denied allegations that its Gas Sale and Purchase Agreement (GSPA) with Petrosin CNG (Pvt) Limited was wrongly terminated, following news reports on the matter and the resulting ICC arbitration proceedings.
July 21, 2026 (MLN): Mari Energies Limited (PSX: MARI) has denied allegations that its Gas Sale and Purchase Agreement (GSPA) with Petrosin CNG (Pvt) Limited was wrongly terminated, following news reports on the matter and the resulting ICC arbitration proceedings. The company said it is a matter of record that the GSPA required Petrosin to hold a valid license, and that Petrosin did not have a valid license o...