As international gas supply chains continue to be affected by Covid-19 related lockdowns and the Russia-Ukraine crisis, concerns have been raised over the availability and pricing of industrial gases for all sectors, including specialty gas for hydrocarbon processing in Australia.
Used in hydrocarbon processing in sectors such as compressed natural gas (CNG) and liquefied natural gas (LNG), spec gases – traditionally imported into the country – are being manufactured by Australian industrial gases company Coregas to help safeguard supply security.
As the country’s only manufacturer distributing spec gases throughout Australia and New Zealand, the company is contributing to an industry that is forecast to hit a compound annual growth rate (CAGR) of 5.9%.
Commenting on the work conducted by the company, Alan Watkins, Executive General Manager, Coregas in Australia, said, “The global supply chain continues to be impacted by current devastating events and recovery from Covid-19 lockdowns.”
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