Italian energy company Eni and new LNG importer Bahrain to broaden cooperation
Italian energy company Eni, with recent natural gas discoveries in nations such as Mozambique and Egypt, has signed an accord with the Gulf kingdom of Bahrain covering issues like LNG supply and exploration.
Bahrain LNG start-up
Aug 1 (LNGJ) - Fleet owner Teekay LNG said it was looking forward to second-half revenues from Bahrain LNG import operations in the Gulf from its stake in the project and its 20-charter agreement for the 173,000 cubic metres capacity “Bahrain Spirit” floating storage unit (FSU).
Bahrain's first LNG terminal is near the existing breakwater at the Khalifa Bin Salman Port. It includes the FSU provided by Teekay and a regasification platform. The project is owned by four companies, including the Gulf state’s National Oil & Gas Authority, Teekay, South Korea’s Samsung C&T and the Gulf Investment Corp.
Mark Kremin, Teekay Gas Group President and Chief Executive, said he expected financial results for the second half of 2019 to improve with new charters, the delivery of another three 50 percent-owned newbuilds for the Yamal LNG project in Russia and the start-up of the Bahrain LNG regasification terminal.
Bahrain signs exploration deal with Eni of Italy for offshore Gulf area ahead of LNG imports
The Gulf kingdom Bahrain, set to start LNG imports soon, has signed an exploration and production sharing agreement with Eni, the Italian energy company with a recent record of huge natural gas discoveries offshore Egypt and Mozambique.
Gulf kingdom of Bahrain set to start LNG import facility in May amid assessment of gas discovery
Bahrain said it would receive shipments from a variety of liquefied natural gas suppliers when the Gulf kingdom's first floating import facility comes on line in May.
Bahrain arranges commissioning cargo from Abu Dhabi for latest Middle East LNG facility
The Kingdom of Bahrain said it would receive its commissioning cargo from Abu Dhabi National Oil Company when the facility becomes operational in 2019.
Bahrain LNG project advances and will increase LNG cargo requirements for Arab Gulf states
Bahrain has completed the construction of the jetty and offshore sections of its first LNG import facility at a location about 5 kilometres from the existing breakwater at the Khalifa Bin Salman Port and the terminal is on schedule for completion in 2019.
Bahrain is on track to become LNG importer even after huge oil and natural gas discovery
Bahrain is moving forward with development of its discovery of extensive tight oil reserves amounting to 200,000 barrels per day and deep natural gas resources of between 10 and 20 trillion cubic feet, though the Gulf kingdom still intends to become an LNG importer by 2019.
