Prime International Oil and Gas Company is a joint venture between Hub Power Holding Limited (HPHL) and ENI Pakistan’s Local Employees. It aims to further diversify HUBCO’s portfolio into oil and natural gas exploration, field development and production. Prime owns several gas fields located in Zone II and III, Sindh.
Prime is the operator of Bhit, Bhadhra and Kadanwari gas fields. The other gas fields of Prime include Zamzama, Bitro, Jugan, Latif, Miano, Mitha, Saqib and Thal.
The Prime International Oil & Gas company also owns four Gas Processing Plants of Bhit, Kadanwari, Sawan and Zamzama.
Gas Processing Plants | Capacity |
Bhit Plant | 370 MMscfd |
Kadanwari Plant | 232 MMscfd |
Sawan Plant | 450 MMscfd |
Zamzama Plant | 550 MMscfd |
Prime is pursuing organic growth
opportunities in owned assets as well as potential growth opportunities in new
fields based on government auctions. The core objectives of the company will be
to work towards building a future where Pakistan develops its own indigenous
sources of energy, and everyone can access energy efficiently and sustainably.
STOCK INFORMATION
PSX HUBC
Investor complaints / Investor relations
Muhammad Yasir, Senior Officer – Corporate Governance
Contact No: +92 21 3587 4677-86, +92 21 3583 9018 Ext:473
Email: M.Yasir@hubpowercom
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