Mahanagar Gas Ltd. , a prominent City Gas Distribution company, and Oil India Ltd., a Maharatna public sector enterprise with integrated oil and gas capabilities, today formalized a collaboration by signing a Memorandum of Understanding (MoU).

The agreement aims to pool the expertise of both organizations to jointly pursue opportunities across the Liquefied Natural Gas (LNG) value chain and in emerging clean energy areas.

Focus on LNG and Greener Logistics

Mahanagar Gas, which has established a presence in the LNG sector through operating LNG retail stations, will leverage its experience in the City Gas Distribution space. OIL, which is actively engaged in a major hydrocarbon exploration and development program, has a distinct roadmap for advancing clean energy projects, including a plan to significantly ramp up gas production.

The joint collaboration will immediately focus on key segments, including:

  • LNG Value Chain: Exploring opportunities to strengthen the supply, distribution, and retail of LNG.
  • Heavy-Duty Transport: Assessing the technical and commercial viability of LNG as a cleaner fuel in the heavy-duty transport segment.

The partnership aims to help accelerate the adoption of cleaner fuels in the long-haul transport sector, enabling corporates to transition towards greener logistics solutions and significantly reduce their overall pollution footprint.

The collaboration is built on exploring viable projects that can be scaled commercially. The initial focus will be on the technical and commercial assessment of clean energy projects. The ultimate objective for both Mahanagar Gas and OIL is to successfully take feasible pilot projects to a commercial scale, ensuring a measurable impact on India’s energy transition goals.

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