UNG meaning in Business ?

Answer:

What is Union Gas Limited mean?

Union Gas was a major Canadian natural gas company based in Ontario. Its distribution arm serviced approximately 1.5 million customers in northern, southwestern and eastern Ontario. Union Gas has been a subsidiary of Enbridge since February 2017, when former parent Spectra Energy merged into Enbridge.

Union Gas Limited and Enbridge Gas Distribution merged under the corporate name Enbridge Gas Inc. on January 1, 2019. Enbridge has since begun to gradually phase out the Union Gas name in favour of its corporate brand.

In addition to natural gas service, Union Gas formerly rented gas-powered water heaters to residential customers; this operation was separated into a sister company, Union Energy, in 1999. Union Energy was acquired by outside interests in 2001, and is now known as Reliance Home Comfort.

reference

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