National Gas and Industrialization Co. announced signing a Memorandum of Understanding with Makeen Energy. The MOU was signed based on Gasco's strategy and its experience in the gas supply chain, to increase operational efficiency and strengthen its investments in gas supply sectors.

Memorandum Signing Date is May 08, 2022. Memorandum Subject: To study the feasibility of forming a company to establish, manage, operate and maintain gas facilities, stations and networks, as well as plastic waste conversion to oil products. Memorandum Duration: One calendar year from signing the MOU and can be extended.

Additional Information: MAKEEN Energy is a global energy company that is leading in establishing, managing, operating and maintaining gas (bottled or bulk), stations and networks, as well as plastic waste conversion to oil products, MAKEEN Energy is present in more than 140 countries and operates across five continents.