Companies
OQ Gas Networks
Oman · Gas transportation · State-controlled, listed · Muscat Stock Exchange: OQGN · Founded 2000
OQ Gas Networks SAOG (OQGN) operates Oman's natural gas transportation network under a concession agreement with the Government, which Royal Decree 122/2020 ratified in its amended form. Note 1 of its 2025 financial statements says it was incorporated on 23 May 2000, listed on the Muscat Stock Exchange on 24 October 2023 when OQ sold up to 49% in an IPO, and that OQ, wholly owned by the Government through the Oman Investment Authority, retains 51%. Its audited 2025 statement of profit or loss gives revenue of RO 128.8 million (2024: RO 72.2 million), alongside finance income of RO 79.2 million, and profit for the year of RO 51.2 million (2024: RO 47.8 million). The 2025 annual report names Ayad Al Balushi as chairman, appointed in March 2025, and Abdulwahhab Al Hinai as deputy chairman; the exchange's company profile, read in October 2026, lists Abdulwahhab Al Hinai as chairman. Mansoor Al Abdali is Chief Executive Officer.
Key facts
No verified figure held yet.
Ownership and relationships
- majority shareholder:OQOQ Gas Networks SAOG — Annual Report 2025, online version: audited financial statements, 31 December 2025 (English and Arabic) · read on 24 Oct 2026 ↗
- Chief Executive Officer:Mansoor Al AbdaliOQ Gas Networks — appointment of the Chief Financial Officer (30 Aug 2026, MSX) · 30 Aug 2026 ↗
Key people
- Mansoor Al Abdali · Chief Executive Officer, OQ Gas Networks