28 April 2024
Bahrain LNG import project reaches financial close
Publication date: 13 December 2016
Gas Strategies Group
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Bahrain LNG has reached financial close on its proposed 800 MMcf/d (8.3 Bcm/year or 6 mtpa of LNG) import terminal project, which aims to help the Gulf state meet peak demand.
The terminal project, comprising a floating storage unit (FSU) and an onshore receiving facility in the Hidd Industrial area, is expected to come online in 2018. Bahrain’s gas demand is estimated to be rising at 4% annually.