The Gulf region and indeed the wider Middle East are currently undergoing an unprecedented phase of growth and expansion, combined with economic diversification and rapidly growing populations.
With high oil prices widely expected to continue, and environmental considerations growing in importance, natural gas is increasingly becoming the energy source of choice to fuel the 21st Century worldwide. Our own region’s natural gas demand has more than doubled in the last decade alone, and is expected to grow even faster going forward, with hundreds of billions of dollars of investments required in the natural gas industry across the region.
As the Middle East’s first private-sector regional natural gas company, Dana Gas is an idea whose time has come. The political leadership of the region is firmly committed to both increasing the role of the private sector in the core areas of the economy, and also in boosting collaboration across borders. Dana Gas aims to play a major role in these important objectives by making long-term investments in the natural gas value chain within the Middle East region – from North Africa, through the Arabian Peninsula and the Gulf Region to South Asia.
From activities in exploration and production for natural gas, to gas transportation and processing, to marketing to end-users such as power producers and industrial customers, and through gas-utilization projects such as petrochemicals, Dana Gas aims to make a positive contribution to a sustainable energy future for the region.
His Highness Sheikh Ahmed bin Sultan Al Qasimi