Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) signed a deal with Saudi Gas Cylinder Factory (Enagas) to manufacture and supply gas tanks and cylinders in an effort to meet customers’ needs.

The transaction’s total value amounted to SAR 130.06 million, according to GASCO’s statement to the Saudi Stock Exchange (Tadawul) on Sunday.

The three-year contract could be renewed or extended after being expired or the end of its financial ceiling.

The financial impact of the deal will be realised in the company’s financials within three years.