Oman: National Gas acquires 80% stake in Samahram Gas
In a disclosure to the M u scat Stock Exchange, National Gas confirmed that the transaction was finalised on J une 4, 2025, following all regulatory approvals and compliance with applicable laws.
'This strategic acquisition aligns with our long-term growth objectives and is expected to significantly strengthen our footprint in Oman's LPG market,' National Gas said in its disclosure.
The company added that the investment is anticipated to deliver solid returns and contribute positively to both revenue and net income at the group level.
'We remain committed to delivering value to our shareholders through strategic investments and market expansion initiatives,' the company noted.
Samahram Gas has established itself as a significant operator in southern Oman, and the deal is seen as part of National Gas's broader strategy to consolidate its presence in the domestic LPG sector.
Samahram Gas' core business are LPG filling cylinders, LPG central gas system installation, operations and LPG bulk supply. The company offers a one-stop-shop for LPG needs for all its clients.
© Apex Press and Publishing Provided by SyndiGate Media Inc. (Syndigate.info).
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