On completion, the terminal will have a capacity of 800mn standard cubic feet per day (mcf/d) and be operated under a 20 year agreement
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Bahrain LNG completes $741mn syndicated loan
Standard Chartered, APICORP, and Korea Development Bank were the institutions leading the limited recourse project financing, which was provided by nine international and regional lenders
Bahrain’s new LNG terminal to feed domestic demand
The Bahrain LNG Import Terminal will form a vital part of the kingdom’s energy infrastructure by meeting growing demand for large industrial projects
Eni to assess potential E&P activities in Bahrain
Four agreements have been signed between the Bahrain Petroleum Company (Bapco), Tatweer Petroleum and Eni.
JGC wins EPC contract for Bahrain gas project
The signing of the contract, which was worth $98.7mn, was held in a ceremony under the patronage of Bahrain’s minister of oil Sheikh Mohammed bin Khalifa bin Ahmed Al Khalifa on October 4 and attended by the ambassador of Japan in Bahrain.
Russia considers LNG supplies to Bahrain: Report
A memorandum of understanding was signed by Russia’s Gazprom and Bahrain’s National Oil and Gas Authority (Noga holding)
Fitch downgrades Bahrain’s ratings to junk status
Fitch said in a statement that lower oil prices are causing a ‘marked deterioration’ in Bahrain’s fiscal position
S&P affirms Bahrain’s BB/B ratings; outlook stable
The global credit ratings agency has affirmed its ‘BB/B’ long- and short-term foreign and local currency sovereign credit ratings on the Kingdom
Mubadala Petroleum, Oxy to exit Bahrain oilfield
The partners have reached an agreement with Bahraini authorities to exit Tatweer Petroleum, the operator of the Bahrain Field
Russia investing to make Bahrain a gas hub: Report
The hub will be meant to intake LNG from various sources, including Russia