Saudi-listed NGDC Wins Al-Kharj Gas Network License

01:07 AM EDT, 10/05/2026 (MT Newswires) -- Natural Gas Distribution Co. (SASE:9516), d/b/a NGDC, was awarded a license to establish, own, and operate a natural gas distribution network in Al Kharj Industrial City, Saudi Arabia, according to a Sunday release. The Ministry of Energy awarded the license after a competitive tender process. The natural gas supplier expects the project to have a positive impact on its financials once operations begin.