Thursday, February 23, 2017

Bahrain on fast track with $8.1bn projects

Bahrain is making rapid progress on significant projects with a total worth of more than $8.1 billion, said a senior government official.

Shaikh Mohamed bin Khalifa bin Ahmed Al-Khalifa, Minister of Oil, was delivering the keynote address at Bahrain British Business Forum (BBBF) networking meeting yesterday (February 22).

He reviewed the present structure of oil and gas sector in Bahrain and provided valuable insight to the strategy adopted by the NOGA to fuel the kingdom’s future.

BBBF chairman Khalid Al Zayani OBE welcomed the guests of honour, Shaikh Mohamed and Simon Martin CMG, the British Ambassador to Bahrain, to the gathering. More than 120 BBBF members and guests attended the event at the Diplomat Radisson Blu Hotel yesterday.

The discussed projects include:

•    Saudi Bahrain Pipeline Co (SBP)
•    Bahrain LNG Import Terminal (BLNG)                    
•    Bahrain Gas Project (CGP III)                        
•    Bapco Modernisation Programme (BMP)
•    Bahrain Gasoline Blending (BGB)

Shaikh Mohamed also discussed the expected timelines and financing strategies that have been adopted for each of the said projects. – TradeArabia News Service

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