Petro Matad Ltd 2024 Annual Report with Sustainability Disclosures
Company: Petro Matad Ltd
Sector: Mining & quarrying
Country: Mongolia
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 51
The report describes 2024 as a transformational year in which the company began oil production from the Heron-1 well, becoming Mongolia's third oil producer. It reports that 2024 operations were completed without environmental, lost-time or recordable incidents, while the Dornod Aimag Environment Committee awarded a 97% environmental implementation score. The company also planted 500 tree saplings in Matad Soum and funded dzud-relief donations including 132 tonnes of fuel, alongside community infrastructure projects.
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