Logo of National Gas and Industrialization Co. (GASCO)
National Gas and Industrialization Co. (GASCO) extended the memorandum of understanding signed earlier with the National Shipping Company of Saudi Arabia (Bahri) to discuss a possible partnership to establish a company that operates in land transportation and logistics services for one year.
The MoU will expire on Oct. 3, 2024, GASCO said in a statement to Tadawul.
In October 2022, GASCO and Bahri signed a non-binding MoU to discuss setting up a company to operate in land transportation and logistics services, Argaam earlier reported.
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