Mari Petroleum Co Ltd - Company Profile
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Mari Petroleum Co Ltd (MPCL) is an upstream oil and gas company that develops, and explores natural resources to produce crude oil, natural gas and condensates. The company’s long term supply contracts, technological milestone and established market position are its major strengths, even as high dependency on Mari Field remains a cause for concern. Nevertheless, new oil discoveries, strategic acquisitions and increasing global demand for oil could provide adequate opportunities to the company. However, fluctuations in oil and gas prices, emerging alternatives such as re-liquefied natural gas, and exploration and development risks could affect its operations.
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