Middle East > Bahrain > Energy
Energy in Bahrain
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Bahrain ramps up energy spending
BAHRAIN, 2015/12/29 Against a backdrop of weaker hydrocarbons prices, Bahrain is stepping up counter-cyclical downstream investments aimed at boosting energy and economic security. In mid-October Abdul Hussain bin Ali Mirza, minister of energy and chairman of Tatweer Petroleum, said a contract for a floating liquefied natural gas (LNG) terminal to handle and process gas imports on the island would be awarded by the end of the year. Specifications According to the minister, the $400m terminal – which will be located near Khalifa Bin Salman Port, the country’s main maritime hub – will be brought online by early 2018, helping to ensure Bahrain’s long-term energy security.
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