In 2016, the Middle East industrial gases business generated revenues of $2.3bn, up from $875m in 2006, indicating an impressive average annual growth rate of just under 10%, in-keeping with the region’s wide reputation as one of the key emerging markets for the industry.
Qatar LNG transport company Nakilat has expanded its joint venture partnership with Greek shipping company Maran Ventures Inc, to include two additional LNG vessels.
Where’s hot and getting hotter in the year ahead? As 2017 draws to a close, gasworld looks ahead at what projects, plants and developments we can expect to see in the industrial gas business in 2018. Here we focus on projects in the Middle East and Africa region.