Japan has the highest LNG regasification capacity globally with 9.6 tcf in 2018, with South Korea and China following with 4.9 tcf and 3.2 tcf respectively, according to GlobalData, one of the leading data and analytics companies across the world
Gas
Dana Gas ends 2017 financially stronger with US$83mn net profit
Dana Gas PJSC, the Middle East’s largest regional natural gas company, has reported gross revenue and net profit of US$450mn and US$83mn for 2017, as compared to US$392mn and net loss of US$88mn in 2016
Shell sees potential LNG supply shortage as global demand surges
The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29mn tonnes to 293mn tonnes in 2017, according to Shell’s annual LNG Outlook
BP starts production from Egypt’s Atoll gas field
BP has started producing gas from the Atoll Phase One project, offshore Egypt, in the North Damietta concession in the East Nile Delta
UEPL celebrates 25th year of gas detection expertise
Uniphos Envirotronic Pvt Ltd (UEPL), one of the largest manufacturers of toxic gas detection devices, has announced that it is celebrating its 25th anniversary this year for providing safety and environmental monitoring solutions across oil and gas industries