Mahanagar Gas and Oil India (OIL) have signed a Memorandum of Understanding (MoU) on October 06, 2025. Under the MoU, the two organisations will collaborate to explore opportunities across the LNG value chain and in emerging clean energy areas.
The company, having forayed into the LNG value chain, operates LNG retail stations and is actively pursuing other clean energy initiatives. OIL has an expansive hydrocarbon exploration and development programme with plans to significantly ramp up gas production, alongside a defined roadmap for advancing clean energy projects.
Mahanagar Gas is in the business of City Gas Distribution (CGD), supplying natural gas in the city of Mumbai including its adjoining areas and the Raigad district, in the State of Maharashtra, India.
