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, gas world 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.
By now, everyone who has at least a passing interest in the helium business is aware that the Saudi Arabian-led embargo of Qatar resulted in the temporary cut-off of the supply of Qatari helium to world markets.
Developments related to the Saudi Arabian-led blockade of Qatar as announced on 5 th June have already begun to impact the global helium supply, says Phil Kornbluth, President of Kornbluth Helium Consulting, and editorial advisor to gas world magazine (US Edition).
Today’s announcement of a decision by Saudi Arabia and the UAE to shut land borders with Qatar threatens to seriously disrupt helium shipments from Qatar and throw world helium markets into disarray, says Phil Kornbluth, President of Kornbluth Helium Consulting, and editorial advisor to gas world magazine (US Edition).
Economic modernisation, the arrival of the multinationals, and the emergence of new industrial gas applications are driving change in the Middle East market. As gas world explores this month, the region is attracting increased interest and investment in the core industrial sectors, while emerging end-users in healthcare, water treatment and ...