Abdullah Mohamed, Managing Director of Maldive Gas Pvt Ltd, has announced a significant infrastructure project worth approximately MVR 70 million to address the country's cooking gas storage challenges. Speaking on PSM News' Hafthaa 52 programme, he emphasised that the initiative aims to enhance storage capacity, ensuring the nation is better equipped to meet the growing demand for cooking gas.

Over the last 25 years, the company's most pressing challenge has been the limited storage capacity for cooking gas. At present, Maldives holds a month's worth of cooking gas in reserve. However, Abdullah Mohamed revealed that the new project would expand this to accommodate storage for five to six months. He added that the project is expected to be completed by next year, marking a milestone in the company's efforts to improve service delivery.

Highlighting Maldive Gas's strong financial performance, Abdullah Mohamed noted that the company has grown by 33 per cent over the past year. He attributed this success to the government's policies. This growth has allowed the company to maintain financial stability and reinvest in critical projects like the storage expansion.

Abdullah Mohamed also commended the company’s workforce, noting that Maldive Gas operates with a results oriented approach. Employees are encouraged to work collaboratively towards well-defined objectives, and their efforts have been recognised through bonuses awarded three times during the current financial year.

The storage expansion project reflects Maldive Gas's commitment to addressing operational challenges while reinforcing its position as a profitable and self-reliant enterprise. With the completion of the project next year, the company is poised to strengthen its role in supporting the nation's energy security.