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NOGA/nogaholding sign Bahrain LNG Terminal Project
Under the patronage of His Excellency Dr. Abdul Hussain bin Ali Mirza, the Minister of Energy, The National Oil & Gas Authority (NOGA) and The Oil and Gas Holding Company (nogaholding) signed the project agreements for the development of an LNG receiving and regasification terminal in Bahrain with a consortium of Teekay LNG Partners (Teekay LNG), Samsung C&T (Samsung) and Gulf Investment Cooperation (GIC). The project, to be developed on a BOOT (Build-Own-Operate-Transfer) basis, will be located in Hidd Industrial area of Bahrain and will help the Kingdom meet the increasing demand for gas supplies to satisfy its industrial and urban development.