Dana Gas joins the International Gas Union
Posted: 13 December 2006
Dana Gas, the Middle East's first regional private-sector natural gas company, has joined the International Gas Union (IGU).
Membership of the organisation comes as the company has been expanding its scope of activities in the gas business across the region, including in gas processing, LNG terminal development and exploration and production activities.
The IGU is a worldwide non-profit organisation founded in 1931, with the objective of promoting the technical and economic progress of the global natural gas industry.
The 97 members of IGU are companies and institutions from 67 countries across all continents, including regional companies ADGAS, Saudi Aramco, Qatargas and Oman LNG, and international energy companies including BP, Shell, Total, Chevron & ConocoPhilips.
"This is an important and symbolic step for Dana Gas for several reasons,” said Rashid Saif Al-Jarwan, General Manager of Dana Gas.
“Through joining a world-renowned and far reaching organisation such as the IGU, we have opened a door to a formidable network of associates from across the world. In addition our joining symbolises the international aspirations of the company, while providing the basis for potential alliances and cooperation with other gas companies worldwide.”
IGU's working organisation covers all domains of the gas industry from exploration and production of natural gas on- or offshore, pipeline and piped distribution systems to customers' premises and combustion of the gas at the point of use.
The organisation has grown in prominence, with worldwide reliance on natural gas in the past 10 years increasing exponentially. The Middle East region alone has seen a growth of 5.9 per cent per annum, a rise driven primarily by rapid urbanisation and a growing industrial sector.
Posted by Richard Price, Editor, EnergyME.com
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