Over 25 years, OQGN has scaled gas delivery more than 2.5 times, maintaining industry-leading reliability with average gas availability of 99.99%. In 2025, we continued to strengthen network resilience, optimize asset performance, and advance infrastructure that supports Oman’s evolving energy mix.
- Advanced the 42" Fahud–Sohar Loop Line (193 km), adding 11 MMSCMD capacity to the North gas network by 2027.
- Signed Cooperation Agreement with Fluxys (Belgium) and MoU with Gasunie (Netherlands) for hydrogen infrastructure.
- Launched Expression of Interest (EOI) for a national CO₂ network; advanced Northern CCUS Ecosystem towards feasibility stage.
- Completed 6 growth projects including Central 48" Rich/Lean gas segregation and Jindal Shadeed gas connection.
- Zero gas interruptions – 100% gas availability achieved for the full year.
- Approved Budoor Tayseer Gas Plant pipeline project (31 km, X 9.66 Mn.) and Gas Supply to Port of Duqm (13 km, X 14.06 Mn.).
- Completed AI-driven IDS, drone RoW inspections, and VR digital twin proofs of concept.
- Achieved 95.8% Omanization rate; total workforce grew to 475 employees.
Tomorrow
- Acquisition of remaining third-party gas infrastructure assets
- Financial feasibility studies and commercial framework development for hydrogen and CO₂ transportation
- Progress CCUS ecosystems in Oman to connect sources to sinks
- Completion of the 42" Fahud–Sohar Loop Line and Marsa LNGB pipeline by 2027
- Scaling AI, digital twin, and Intelligent Operations Centre (IOC) across the network
Vision
To be the national champion of energy infrastructure through innovative and sustainable solutions.
Mission
We transport energy in a reliable, efficient, safe, and sustainable way.
Ownership & Market Information
Shareholder Structure
51%
OQ SAOC
34.4%
Public shareholders
4.9%
Saudi Public Investment Fund
4.9%
Falcon Investments LLC
4.9%
Fluxys
OQGN completed its IPO on the Muscat Stock Exchange in October 2023, raising X 288 Mn. for 49% of share capital with ~14x oversubscription. 2025 marks OQGN’s second full year as a publicly listed company.
Market & Financial Data
MSX: OQGN
Ticker – Muscat Stock Exchange
72.8%
Regulated Adjusted EBITDA margin
X 840.14 Mn.
Market capitalisation
X 51.2 Mn.
Net Profit Value
X 0.195
Share price as of December 31, 2025
X 1.158 Bn.
Regulatory Asset Base(RAB)
5.77%
Dividend yield
X 48.5 Mn.
Dividends declared for 2025