Osaka Gas, Sumitomo, and JOIN to Invest in Expanding City Gas Distribution Business in India
Osaka Gas Co., Ltd. (Osaka Gas) announced on April 8 its subsidiary OSAKA GAS SINGAPORE PTE.
- Osaka Gas Co., Ltd. (Osaka Gas) announced on April 8 its subsidiary OSAKA GAS SINGAPORE PTE.
- Ltd. (AG&P LNG Marketing), aiming to boost AG&P LNG Marketing’s city gas distribution (CGD) business in India.
- This marks OGS’ second major investment in the CGD business in India, following the first one in 2021.
- City gas suppliers are selected in a bidding process for each GA and given exclusive gas sales and infrastructure rights (exclusive business rights) for an agreed period.