National Gas Company (NGC) has completed acquisition of Shell's LPG assets in West Malaysia through an indirect subsidiary of the company.
NGC Energy has received all necessary licenses and regulatory approvals to operate the business from the relevant authorities in Malaysia and has commenced commercial operations under its own name with effect from November 8,2012.
Both companies have signed an agreement on May 9. NGC Energy , incorporated in 2012, distributes Liquefied Petroleum Gas.
Times Of Oman