IGL eyes Saudi Arabia for first overseas city gas venture
NEW DELHI: What’s good for Delhi seems to be good for Saudi Arabia. After helping the National Capital Region breathe easy by launching India’s first CNG (compressed natural gas) service in 1999, IGL (Indraprastha Gas Ltd) is poised to enter the Kingdom, becoming the first Indian city gas operator to venture overseas.
The company, promoted by state-run oil companies and the Delhi government, on Thursday entered into a strategic partnership with Saudi construction major MASAH Construction Company for jointly developing and operating natural gas distribution networks in key industrial cities across the kingdom.
