Strong pipeline: An artist’s impression of Dialog’s oil storage terminal in Pengerang. If the normalisation of rates proves to be a temporary phenomenon, Dialog will still benefit from the strong pipeline of expansion activities it has planned in the near to medium term even as the Pengerang phase two soon kicks into gear.
Oil and gas company eyes double-digit growth in fiscal 2018 following good first quarter
Salient points
• Dialog not directly swayed by oil price gyrations
• Eyes double-digit growth in FY18
• Analyst highlights concern on fall in storage rates in Singapore
