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Saudi Arabia’s Natural Gas Distribution Co. has signed a memorandum of understanding (MoU) with Egypt’s energy infrastructure company, TAQA Arabia.
The memorandum will discuss ways for cooperation to develop and operate gas transportation services and gas networks, the Nomu- Parallel Market-listed natural gas distribution company said in a statement.
Cairo-based TAQA Arabia invests, installs, constructs and operates energy infrastructure including gas transmission and distribution, conventional and renewable power generation and distribution in Egypt.
(Writing by D Madhura; Editing by Anoop Menon)
