Bahrain is set to award a $400 million contract to build a floating gas terminal off the country’s northeast coast next month.
Energy Minister Dr Abdulhussain Mirza said the Liquefied Natural Gas (LNG) terminal will be constructed near near Khalifa Bin Salman Port and is expected to be operational and able to receive deliveries of LNG by ships by the first quarter of 2018, according to a report in Gulf Daily News.
“We are going to award the contract for constructing a floating terminal in the sea to receive LNG next month,” Dr Mirza told Gulf Daily News.
The minister, speaking on the sidelines of the third annual Middle East Operational Excellence Summit 2015 said the new terminal will fulfil the country’s ability to satisfy its demand for gas.
“This will allow us to import 400m standard cubic feet (scbf) of gas per day with flexibility to expand it to 800m scbf per day. This will be a complete solution for Bahrain’s gas requirements and the country will never be short on the quantity of gas needed,” he told the newspaper.
