Our investments
To drive growth, innovation, and support Vision 2030 goals
Why We Invest
Our investments are driven by a clear purpose: to fuel sustainable growth, drive innovation, and reinforce our commitment to excellence. We strategically allocate resources to upgrade our facilities, expand storage capacity, and adopt cutting-edge digital solutions. Every investment is carefully aligned with Saudi Arabia’s Vision 2030, ensuring we support economic diversification, environmental stewardship, and the empowerment of local talent. By investing in the future, we create lasting value for our stakeholders and secure a competitive, resilient position in an ever-evolving energy landscape.
Key Objectives
Diversification of renewable energy solutions
Expanding market presence or technology capabilities
Supporting Saudi Vision 2030 priorities (local content, job creation, sustainable development
Alignment with Strategy
Every investment at GASCO is purposefully aligned with our core strategic pillars. We channel our resources into projects that not only modernize our operations and enhance efficiency, but also elevate safety, customer service, and innovation.
By investing in state-of-the-art technologies, expanded storage, and digital transformation, we reinforce our commitment to sustainable growth and economic diversification as outlined in Vision 2030. In doing so, every investment acts as a catalyst for long-term value creation, strengthening our position as the trusted energy partner for Saudi Arabia and beyond.
Portfolio Overview
As part of its new strategy, GASCO is complementing its operations by investing in other companies. These strategic investments aim to enhance integrated services, expand project scope, and strengthen customer outreach within the Saudi market. GASCO has carefully selected key companies as part of its ambitious strategy to increase profitability for the benefit of all stakeholders and partners.
ENAGAS
The Saudi Gas Cylinder Factory Company was founded in 1400 AH in Riyadh, Saudi Arabia, and specializes in manufacturing gas cylinders. The National Gas and Industrialization Company currently holds a 33.1% stake in the company’s capital.
33.1
The East Gas Company
East Gas Company was established in 2005 in Dammam, Saudi Arabia. Its activities include maintaining and operating industrial facilities, establishing and managing a dry gas distribution network, purchasing dry gas from Saudi Aramco or other suppliers, and engaging in wholesale trade of gas equipment and machinery. The National Gas and Industrialization Company holds a 35% share of the company's capital.
35
The National Gas Distribution Company
The Natural Gas Distribution Company was established in 2000 in Riyadh, Saudi Arabia. Its primary focus is purchasing dry gas from Saudi Aramco and establishing a distribution network for all existing and future factories in Riyadh’s Second Industrial City. The National Gas and Industrialization Company holds a 35% stake in the company's capital.
35
The United Arab Float Glass
The United Arab Float Glass Company was established in the Kingdom of Saudi Arabia, primarily engaged in manufacturing, producing, and selling clear glass, shaped glass, mirrors, and wooden pallets. The National Gas and Industrial Company currently holds a 10.24% stake in the company.
10.24
The National Industrial Gases Company
The National Industrial Gases Company was registered in the Kingdom of Saudi Arabia and focuses on producing and distributing industrial gases for various major industries. It operates as a subsidiary of the Saudi Basic Industries Corporation (SABIC), which owns 70% of its capital, while the National Gas and Industrialization Company holds a 9% stake.
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