What National Gas does

National Gas Company S.A.O.G is the Sultanate of Oman's largest LPG marketing company, founded in 1979 as the first LPG bottling company in Oman and listed on the Muscat Securities Market. The company handles more than 350,000 metric tonnes of LPG annually through 11 LPG plants across Oman, UAE, and Malaysia, supported by the largest LPG storage capacity in Oman (2,600 MT) and the largest fleet of LPG tankers (22) and bobtails (10) in the Sultanate. Its product portfolio spans domestic and commercial LPG cylinders (11kg, 22kg, 44kg), the proprietary D-Cylinder, bulk LPG supply, Synthetic Natural Gas (SNG) systems, NC+ Cutting Gas, Commercial Propane, Aerosol Propellant, and Nitrogen and Oxygen Generators using PSA and hollow-fibre membrane technologies.

The company's revenue model is hybrid: one-time sales of LPG cylinders, bulk LPG supply, and industrial/specialty gases are complemented by recurring D-Cylinder servicing subscriptions, Annual Maintenance Contracts on LPG equipment, and professional engineering services covering SNG system design and commissioning, Enhanced Oil Recovery (EOR) deployments, fuel conversion consultancy, and turnkey LPG plant installations. Go-to-market combines a widespread distributor network for domestic cylinder customers in North Oman with a direct corporate sales team serving industrial, commercial, and oil & gas enterprise clients across four countries (Oman, UAE, KSA, Malaysia). The customer base spans domestic households, commercial establishments (hotels, restaurants, catering, halwa factories, retailers including Lulu Hypermarket), industrial users in glass, ceramic, steel, construction, and food processing, and oil & gas operators for tertiary recovery. Strategic partnerships include HP Lubricants distribution (Hindustan Petroleum) and prior joint ventures with Petredec (India, divested 2022). Recent corporate actions include divestiture of the Unigaz JV stake, India operations, and planned UAE exit in 2022, followed by the June 2025 acquisition of Samahram Gas, indicating active portfolio reshaping around core LPG and specialty gas operations.

Name

National Gas

Legal name

National Gas Company S.A.O.G

Website

https://nationalgasco.net

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

501–1,000 employees

Short description

National Gas is Oman's largest LPG marketing company, handling over 350,000 MT annually across 11 plants in Oman, UAE, and Malaysia. It supplies LPG cylinders, bulk LPG, SNG systems, specialty industrial gases, lubricants, and engineering services to households, commercial, and industrial customers.

Ownership category

akta.pro rank

Product category

LPG Marketing and Distribution

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Pump and Compressor Manufacturing (33391)

SIC

Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

LPG / NGL Terminals (Pressurized/ Refrigerated Gas) (TLAHABAK)

akta.pro secondary industries

Refinery & Petrochemical O&M / Maintenance Outsourcing (EUAEAGAG), Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL), LPG Pipeline Transportation (Propane/Butane Mix) (TLAGAEAB)

Keywords

• LPG marketing services
• Bulk LPG supply
• Industrial gas distribution
• Energy solutions engineering
• Specialty gas processing

Headquarters

HQ city

Muscat

HQ country

Oman

HQ region

Middle East

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. LPG Cylinder Sales: Sale of domestic and commercial LPG cylinders in 11kg, 22kg, and 44kg sizes through a widespread distributor network and company outlets.
2. Bulk LPG Supply: Supply of bulk LPG to industrial customers including Glass, Construction, Metal processing, Plastic, Ceramic, and food industries, leveraging the company's largest fleet of LPG tankers and bobtails in Oman.
3. D-Cylinder Supply and Services: Supply and servicing of the proprietary D-Cylinder product to commercial and industrial establishments including hotels, halwa factories, catering companies and restaurants. Revenue includes cylinder installation, filling, and annual maintenance.
4. HP Lubricants Distribution: Distribution partnership with HPCL for HP Lubricants products covering automotive and industrial oils, greases and specialties across transport, railways, manufacturing, mining, shipping, agriculture and power sectors in Oman.
5. Industrial and Specialty Gases: Supply of specialty products including Commercial Propane, NC+ Cutting Gas, and Aerosol Propellant to various industrial customers.
6. SNG System Design, Installation and Commissioning: Engineering services for design, supply, installation and commissioning of SNG systems, LPG storage facilities and bulk LPG supply for industrial customers.
7. LPG Equipment Supply and AMC: Supply of LPG equipment (vaporizers, pumps, regulators, PRS, metering systems, firefighting systems, gas detectors) along with Annual Maintenance Contracts for LPG systems.
8. Enhanced Oil Recovery Services: EOR project services including vaporizer, tank and burner selection, installation and commissioning for oil field tertiary recovery operations.
9. Fuel Conversion Consultancy: Technical consultancy for fuel conversions from Diesel/Natural Gas to LPG, including feasibility studies, proposal submission, and project commissioning.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

National Gas Company S.A.O.G is the Sultanate of Oman's largest LPG marketing company, operating 11 LPG plants across Oman, UAE, and Malaysia with 2600 MT of LPG storage and the largest fleet of LPG tankers (22) and bobtails (10) in Oman. It supplies domestic LPG cylinders (11kg, 22kg, 44kg), bulk LPG for industrial users, proprietary D-Cylinder systems, Synthetic Natural Gas (SNG) systems, NC+ cutting gas, commercial propane, aerosol propellant, nitrogen and oxygen generators, and HP Lubricants, complemented by gas engineering, fuel conversion, LPG installation, and Enhanced Oil Recovery services.

Product overview

National Gas is an integrated energy solutions provider offering a comprehensive portfolio of LPG products and related services. The core product line centers on LPG cylinders (domestic 11kg/22kg and commercial 44kg), the innovative D Cylinder with advanced safety features, and bulk LPG supply for industrial users. Complementary offerings include Synthetic Natural Gas (SNG) systems ranging from 20-2000 MMBTU/Hr, NC+ Cutting Gas for metal fabrication, Commercial Propane, Aerosol Propellant, and Nitrogen & Oxygen Generators using PSA and membrane technology. The company also provides a full suite of services including Diesel to LPG conversion, LPG installation (3000-300000 Liter systems), Gas Engineering (LPG bottling plants, EOR systems), and Equipment Supply. Through a partnership with HP Lubricants, they distribute automotive and industrial lubricants. The portfolio is unified by the company's focus on energy solutions with local expertise and global standards, serving industries from glass and ceramics to steel and construction across Oman, UAE, KSA, and Malaysia.

Differentiator

Problem solved

Functional benefit

Brands

• D-Cylinder: The most advanced LPG cylinder with features like Rochester level gauge, onsite filling, pressure gauge, excess flow check valves and safety relief valves. Designed as per DOT-4BW-250 / ASME Section VIII Division I guidelines.
• NC+ Cutting Gas
• SNG (Synthetic Natural Gas)
• HP Lubricants

Products and services

• LPG Cylinders Domestic and commercial LPG cylinders available in 11kg, 22kg, and 44kg sizes, filled at National Gas bottling facilities and distributed through a widespread network of distributors across North Oman for household cooking and water heating.
• D Cylinder Advanced LPG cylinder designed as per DOT-4BW-250 / ASME Section VIII Division I guidelines with Rochester level gauge, pressure gauge, excess flow check valves, safety relief valves, Overfill Protection Device (OPD), and 350-liter LPG capacity for hotels, commercial and industrial establishments.
• Bulk LPG Supply Bulk LPG delivery to industrial users including construction, ceramic, glass, metal works, dairy industries, and commercial establishments such as hotels and resorts, using the company's largest LPG tanker and bobtail fleet in Oman.
• Synthetic Natural Gas (SNG) Modular LPG-air blending system providing direct replacement for Natural Gas by matching Wobbe Index; scalable from 20 to 2000 MMBTU/Hr; designed for steel rolling mills, DRI plants, pelletizing plants, ceramic, construction material, aluminium processing, float glass, and fiber glass industries.
• NC+ Cutting Gas Revolutionary hydrocarbon-based industrial cutting gas mixed with an innovative additive that enhances flame temperature and produces fine cut finish; replaces oxy-acetylene cutting with explosive limits 2.5–9.3% (vs 3–93% for acetylene), heat value 23244 kcal/m3 (vs 13082 for DA), and one NC+ cylinder replaces approximately 6 DA cylinders.
• Commercial Propane Commercial grade propane available in 44KG cylinders or bulk delivery in semi trailers for industrial applications including Post Weld Heat Treatment and Stress Relief operations.
• Aerosol Propellant De-odorized LPG produced at Rusayl and Madha facilities as propellant in aerosol industry for manufacturers of pesticides, air-fresheners, perfumes, cosmetics, spray paint, and food grade packaging material using completely segregated systems with dedicated pipelines, pumps, storage tanks, and delivery bobtails.
• Nitrogen & Oxygen Generators On-site nitrogen and oxygen generation systems using Pressure Swing Adsorption (PSA) and Hollow-Fibre Membrane technologies producing industrial gas where and when needed in exact quantity and quality required.
• HP Lubricants Distribution partnership with HPCL for global lubricants portfolio including automotive oils (gasoline, diesel, motorcycle), industrial oils (hydraulic, compressor, gear, turbine), greases, and specialties across transport, railways, manufacturing, mining, shipping, agriculture and power sectors in Oman.
• Equipment Supply & Services Supply of LPG equipment including vaporizers, pumps, regulators, PRS, metering systems, gas detectors, firefighting systems, and LPG valves, complemented by natural gas pipeline work, installation, commissioning, and Annual Maintenance Contracts (AMC).
• Gas Engineering Turnkey engineering services for design, engineering and commissioning of LPG bottling plants, deodorized units, aerosol filling systems, auto gas refueling stations, pressure reducing stations, SNG systems, and EOR systems.
• LPG Installation Design, fabrication, and commissioning of LPG systems from 3,000 liters to 300,000 liters, including bulk installation, piped gas distribution systems, and township piped gas distribution networks.
• Enhanced Oil Recovery (EOR) Tertiary oil recovery service using LPG-based steam injection and steam flooding technologies with mobile/fixed vaporizers, movable/immovable tanks, and burner selection, delivering ROI of 3–6 months and minimum 40% fuel cost savings for oil field operators.
• Diesel to LPG Conversion Fuel conversion service from diesel to LPG for industrial applications, including feasibility study, dual fuel burner assessment, proposal submission, and project commissioning within 3–4 months with payback period typically within 2 years.
• Fuel Conversion Consultancy Technical consultancy for fuel conversions from Natural Gas to LPG, Diesel to LPG and other fuels to LPG, including market assessment and development strategy services for industrial and commercial energy users.

Quantifiable outcome

• Handles over 350,000 MT of LPG annually from 11 plants
• +6 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Seven partnerships are on record, tiered minor, core and major.

• Unigaz (Former Joint Venture)minorOthers · 1 January 2022National Gas sold its entire 51% stake in the Unigaz joint venture in September 2022. The company also sold its India investment for $15.6 million. Additionally, NGC planned to exit UAE operations.
• HP Lubricants (HPCL - Hindustan Petroleum Corporation Limited)coreChannel Partner/ Reseller/ Distributor · 1 January 2021National Gas partnered with HP Lubricants to offer the global HP Lubricants portfolio to customers in Oman. HPCL is one of the world's largest lube marketers, owning one of the largest lube base oil refineries with production meeting international standards. HPCL manufactures more than 450 grades of lubricants, greases and specialties through multiple blending plants supported by world-class R&D. The partnership covers automotive, industrial, railway, mining, shipping, agriculture and power sectors.
• PetredecmajorStrategic or Co-development Partner · 1 January 2020National Gas partnered with Petredec for an India terminal project, specifically an LPG terminal at Krishnapatnam Port. This represents a significant international joint venture for expanding LPG infrastructure. The project was valued at approximately 400 crore (approx. $55 million at 2020 exchange rates).
• World Liquid Gas Association (WLGA)coreOthersNational Gas is an active member of the World Liquid Gas Association (WLGA) and participates in the Annual World LPG Forum held in different parts of the world. WLGA is the authoritative voice of the global LP Gas industry representing the full LP Gas value chain. Membership enables sharing of best industry practices and cutting edge expertise, and provides a platform to showcase National Gas's product range and services internationally.
• NGC Energy LLC (UAE)coreOthersNGC Energy LLC is a subsidiary of National Gas Company operating in the UAE (Umm Al Quwain). Part of National Gas's cross-regional presence across the GCC and Southeast Asia.
• NGC Energy Sdn Bhd (Malaysia)coreOthersNGC Energy Sdn Bhd is a subsidiary of National Gas Company operating in Malaysia (Kuala Lumpur). Part of National Gas's cross-regional presence across the GCC and Southeast Asia.
• NGC Energy Saudi LLC (KSA)coreOthersNGC Energy Saudi LLC is a subsidiary of National Gas Company operating in the Kingdom of Saudi Arabia. Part of National Gas's cross-regional presence across the GCC and Southeast Asia.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Indian Oil Corporation (IOCL): India's largest LPG marketer with extensive cylinder distribution. Comparable as a major LPG distribution company with cross-regional supply chain and similar industrial/commercial/domestic customer mix.
• SHV Energy: Global LPG distribution major (Netherlands-based) operating across Europe, Americas, and Asia. Comparable as a large-scale LPG marketing and distribution specialist with similar business model in retail, commercial, and bulk LPG supply.
• BPCL (Bharat Petroleum Corporation Limited): Indian state-major with one of the largest LPG marketing networks globally. Comparable in LPG cylinder and bulk distribution scale, customer segments (domestic, commercial, industrial), and distribution-led business model.
• OQ (formerly Oman Oil Company): Oman's national energy company with downstream LPG and energy operations. Comparable as the broader Omani incumbent in the same national energy ecosystem, though its portfolio spans upstream, refining, and petrochemicals well beyond LPG.

Direct peers

• Petredec: Global LPG shipping, terminals, and distribution company; NGC's partner on the India Krishnapatnam Port LPG terminal. Comparable as a mid-stream LPG infrastructure and distribution peer with overlapping storage and supply chain operations.
• ENOC (Emirates National Oil Company): UAE-based integrated energy company with LPG marketing, distribution, and cylinder operations. Direct regional peer given overlapping LPG marketing and distribution business model across the GCC.

Others

• HPCL (Hindustan Petroleum Corporation Limited): Indian oil major and NGC's lubricants partner. Included as a partner/ecosystem participant with comparable downstream energy products (lubricants base oils) and as NGC's principal HP Lubricants distribution supplier.

Regional players

• Repsol Butano: LPG marketing arm of Repsol, primarily serving Spain, Portugal, and Latin America. Comparable as an integrated LPG cylinder and bulk distributor with similar product portfolio and customer segments, though in different geographies.
• Antargaz: European LPG distributor (part of UGI International) serving France and surrounding markets. Comparable as a regional LPG marketing and distribution company with similar cylinder and bulk business model in a different geography.
• Primagaz: European LPG distributor serving multiple countries with cylinder and bulk supply. Comparable as a focused LPG distribution specialist with similar commercial/industrial customer focus and product mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCJ3mf8NagmAI
• Xx.com/NGCEnergy
• LinkedInlinkedin.com/company/national-gas-company-saog

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Gas