How To Use The New Gas Valve

Gasco History:
GASCO was incorporated in (1383) (1963) via the merger of National Gas Company in DAMMAM and its two branches in Riyadh and Jeddah together with Saudi manufacturing and Gas Company in Riyadh and its branches in DAMMAM. In the beginning of the seventies, many companies and small firms were incorporated to fill and distribute the gas. However, the sever inter-competition led to low services levels and irregular continuity of gas provision which required the government to interfere and decide to merge the incorporating company with National manufacturing and Gas Company (GASCO) by the end of (1395H) (1975).

Equity Profile:
Authorized Capital: 750،000،000
Issued Shares: 75،000،000
Floated Issued Shares: 50،682،534
Paid Capital: 750،000،000
Par Value/Share: 10
Paid up Value/Share: 10

Company Activities:
The main activity of the company is transportation,filling and marketing LPG, which consists of both butane and propane gases or butane or propane separately. The company activity also include marketing cylinders, empty tanks, related spare parts and tank transportation equipment to consumer sites. The activity also includes all uses of gases e.g. residential, industrial, agricultural, or commercial purposes. In order to achieve this objective, the company owns many filling stations, remarkable transportation, and distribution fleet. Also the company has all the work on the manufacture, transfer and marketing of petroleum products, chemical, glass, auto parts, equipment service centers and the establishment and maintenance of petroleum equipment and vehicles, and may own property and the purchase of land for the construction of buildings and investment sale and lease for the company .
www.gasco.com.sa