Bahrain | Egypt Oil & Gas - Part 8
Gazprom Mulls Building LNG Hub in Bahrain
Russian state-owned oil and gas giant Gazprom is pondering to create a liquefied natural gas (LNG) distribution hub in Bahrain, which will be meant to intake LNG from various countries, including Russia, Governor of S...
Bahrain Receives $570m for Oil, Gas Projects Expansion
Bahrain’s Nogaholding, the investment and business development arm of Bahrain’s National Oil and Gas Authority (NOGA), signed to obtain a five-year $570m murabaha financing facility to expand its oil and g... Bahrain Plans $355m Project to Recover Untapped Oil
Bahrain is considering to launch a pilot project that will help recover a huge untapped resource in the residual oil saturation in the Gas Cap of the Mauddud reservoir, Energy Minister, Abdul Hussain bin Ali Mirza, sa...
IMF Recommends Bahrain to Adopt Further Austerity Measures
Bahrain has announced austerity measures in line with IMF recent recommendations, in a bid to return to international bond market and to finance its expanding budget deficit of 15% of the country’s GDP, reported...
Bahrain Signs $355m Deal with Japan for Gas Plant Expansion
Bahrain signed a $355m deal with Japan’s JGC Corp to build the expansion of a gas plant for the Bahrain National Gas Company (Banagas), reported Reuters. The plant needs extra capacity as it is earmarked to acco... Bahrain Mulls Offshore Gas Exploration Bids
Bahrain is looking into launching a new international bid round for offshore gas exploration, seeking to reduce its dependence on gas supplies from other regional players, and to boost its domestic gas production amid... Bahrain Amends Petrol Prices First Time in 33 Years
The Bahraini cabinet has approved an amended price of petrol sales following recommendations outlined in a memorandum submitted to cabinet by the National Oil and Gas Authority (NOGA), reported Gulf Digital News. The ...
Oil Prices Surge Temporarily as Saudi-Iranian Tensions Mount
Oil prices rose by more than 3% today in response to the crisis brewing between Iran and Saudi Arabia following the Saudi execution of a prominent Shiite cleric, Sheikh Nimr Baqir al-Nimr, the Wall Street Journal repo... 
