Energy Ministry signs deal to build natural gas compression and distribution station in Eastern Province
Saudi Energy Ministry and MODON sign MoU to establish a natural gas compression and distribution station in Dammam to support the industrial sector.
Key Takeaways
AIThe Ministry of Energy signed a memorandum of understanding on Wednesday in Riyadh with the Saudi Authority for Industrial Cities and Technology Zones (MODON) to establish a natural gas compression and distribution station in the Third Industrial City in Dammam.
The agreement was signed on behalf of the Ministry of Energy by Assistant Minister for Development and Excellence, Ahmed bin Mousa Al-Zahrani, while MODON was represented by its CEO, Majid bin Rafed Al-Arkobi.
The memorandum aims to provide compressed natural gas services to the First Industrial City in Dammam and the First Industrial City in Al-Ahsa, as well as to neighboring factories, using dedicated tankers to distribute gas to targeted industrial facilities.
Both sides stated that the project will enhance the efficiency and reliability of natural gas supplies and support the energy needs of the industrial sector in the Eastern Province.