‎NGDC secures license to build, operate gas network in Al-Kharj Industrial City

‎<p><img src="https://argaamplus.s3.amazonaws.com/25899d32-92cb-4cea-a612-d72ab7b60968.png" ></p> <p class="ckeCaption" >Logo ofNatural Gas Distribution Co. (NGDC)</p> <hr> <p >The Ministry of Energy awarded on Oct. 4 Natural Gas Distribution Co. (<a href="https://www.argaam.com/en/tadawul/nomu/ngdc" target="_blank">NGDC</a>) a license to build, own, and operate a natural gas distribution network in Al-Kharj Industrial City, according to0 a statement.</p> <p ></p> <p >The ministry said it had completed the qualification of bidders, launched the tender, and evaluated the bids. The tender is part of efforts to strengthen natural gas infrastructure, encourage investment in the sector, and support the Liquid Fuel Displacement Program, which aims to replace liquid fuels with natural gas.</p> <p ></p> <div >In a statement to <strong>Tadawul</strong>, NGDC said the project is expected to have a positive impact on its financial results following the commencement of actual operations.</div> <div ></div> <div >Any material developments will be announced in due course, NGDC added.</div> <div ></div> <p >According to <span ><strong>Argaam </strong></span>data, the ministry announced in February that eight companies and seven consortia had qualified to compete for licenses to build, own, and operate natural gas distribution networks in several industrial cities, including Al-Kharj Industrial City. The tender was subsequently launched and the bids evaluated.</p>

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Argaam - Main News · Trade Publication

Published

4th October 2026

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argaam.com

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