MAN Industries (India) Limited, a leading manufacturer of steel pipes and anticorrosion coating solutions, proudly announces its inclusion in Qatar Energy LNG's approved vendor list.
This significant milestone marks a key achievement in the company's growth journey, underscoring its commitment to delivering high-quality products and services to the global energy sector.
Qatar Energy LNG, formerly known as Qatargas, is world's largest producers of liquefied natural gas (LNG) with an annual production capacity of 77 million tonnes per annum (MTPA), playing a crucial role in Qatar's energy export strategy. Qatar is renowned for its vast natural gas reserves, particularly in the North Field, the world's largest non-associated gas field.
With this inclusion, MAN Industries (India) Limited is now recognized as a trusted partner for supplying line pipes to the critical energy sector.
This recognition reflects the company's excellence in manufacturing, strict adherence to international standards, and capability to meet the demanding quality requirements of leading global energy stakeholders. With a state-of-the-art manufacturing facility and a proven track record in the oil, gas, and infrastructure sectors, MAN Industries (India) Limited is well-positioned to support Qatar Energy LNG's ambitious projects.
Notable Points:
Global Recognition: MAN Industries' inclusion on Qatar Energy LNG's approved vendor list paves the way for extensive business opportunities in Qatar and beyond.
Quality & Compliance: The company has met Qatar Energy LNG's stringent standards for product quality, safety, and reliability.
Strategic Growth: This milestone reinforces MAN Industries' standing as a global leader in producing steel pipes for diverse applications, including oil and gas, water, and infrastructure.
Mr. Nikhil Mansukhani, Managing Director of MAN Industries (India) Limited, expressed his enthusiasm about the achievement: "We are extremely proud to be included in the prestigious approved vendor list of Qatar Energy LNG. This recognition is a testament to the hard work, dedication, and expertise of our team. It opens up exciting new opportunities for the niche Sour Grade Line pipe market in the Middle East and reinforces our commitment to delivering world-class solutions to our customers worldwide."
Shares of Man Industries (India) Limited was last trading in BSE at Rs. 293.80 as compared to the previous close of Rs. 279.85. The total number of shares traded during the day was 63641 in over 1998 trades.
The stock hit an intraday high of Rs. 301.15 and intraday low of 277.60. The net turnover during the day was Rs. 18615562.00.