🔍 Material News · MARI Mari Energies Limited has issued a clarification regarding the termination of its Gas Sale and Purchase Agreement (GSPA) with Petrosin CNG (Pvt) Limited, denying any wrongdoing in the matter.
- The company asserts that Petrosin did not possess a valid license at the time of termination, justifying its actions.
- Mari Energies has consistently upheld its position in Pakistani courts, with no adverse rulings currently against it.
- Ongoing arbitration proceedings related to this matter are confidential, but the company expresses confidence in a favorable outcome.
About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange. A summary for information, not investment advice — the original filing is the authoritative record.
Original filing (PDF)