GAZPROM & BAHRAIN LNG
Russian state-owned oil and gas giant Gazprom is currently working to create a liquefied natural gas (LNG) distribution hub in Bahrain. The hub will be meant to intake LNG from various sources, including Russia.
The news was announced by Saint Petersburg's Regional Governor, Georgiy Poltavchenko, following a visit of the region's delegation to Bahrain.
Russia is currently negotiating the possibilities of LNG deliveries to the Kingdom with possible financing provided by Russia's Vnesheconombank (VEB).
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