1 Day
Source:
الاقتصادية
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Natural Gas Network License for Al Kharj
Natural Gas Distribution Company has been awarded a license to establish and operate a natural gas distribution network in the Industrial City of Al-Kharj, aimed at supporting the expansion of natural gas infrastructure and incentivizing investments, in line with Saudi Arabia's Vision 2030. This step comes to enhance the use of gas in the industrial sector, replacing liquid fuels, and to expand the company's activities focused on industrial gas distribution. The company’s operations have grown following its previous investment and founding in 2000 with a capital of 15 million Riyals, which has been increased to 50 million Riyals. This achievement supports Saudi Arabia's efforts to promote cleaner energy sources and improve energy infrastructure for industrial development.
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