RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2016-05-05 18:50:00

GAZPROM & BAHRAIN LNG

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).

The possibility of Russian independent natural gas producers has also been taken into consideration. Various instrument and equipment manufacturers from the Saint Petersburg region could also partake in the project.

The exact volume of LNG deliveries is hard to evaluate at the moment; according to preliminary estimates, it could amount to several billion cubic metres annually.

Bahrain's own natural gas stock is limited and the country is dependent on deliveries from the outside. However, talks with neighboring gas-exporting countries – Qatar and Iran, have met with difficulties due to political differences.

Back in February 2011, it was reported that Russia will begin exporting its LNG to Bahrain, but anti-government movements in the Middle Eastern nation got in the way of the project's further development.

In 2014, during its visit to Bahrain, the Russian business delegation held negotiations regarding possible deliveries of Russian LNG, however, no binding agreements were signed at that time.

Nonetheless, Bahrain isn't letting the issue go, and in February 2016 it became known that they had offered Russia to use the LNG reception terminal for purposes of exporting gas to the GCC states.

The terminal is in its construction phase and is planned to be commissioned in the first half of 2018, with construction costs amounting to $600mn.

arabianoilandgas.com

-----

Earlier: 

СОТРУДНИЧЕСТВО РОССИИ И БАХРЕЙНА 

GLOBAL LNG UP 2.5% 

RUSSIAN LNG AMBITIONS 

EUROPEAN LNG PROBLEM 

LNG: BIGGER NO BETTER

 

 

Tags: RUSSIA, GAZPROM, BAHRAIN, LNG, GAS
Chronicle:
GAZPROM BAHRAIN LNG
2021, August, 2, 12:19:00
HYDROGEN RUSSIA AND CIS, Moscow, 20-21 October 2021
International Conference and Exhibition ‘Hydrogen Russia and CIS’ brings together more than 200 senior executives of hydrogen production plants from Russia and the CIS
GAZPROM BAHRAIN LNG
2021, August, 2, 12:18:00
ИНВЕСТИЦИОННЫЕ ПРОЕКТЫ УГОЛЬНЫХ ПРЕДПРИЯТИЙ РОССИИ
Команда Восток Капитал подготовила отчет по инвестиционным проектам угольных предприятий России, в котором представлены: Проекты по строительству новых угольных шахт и обогатительных фабрик Проекты по реконструкции существующих угольных разрезов Проекты по строительству и реконструкции морских портов и сопутствующей инфраструктуры
GAZPROM BAHRAIN LNG
2021, August, 2, 12:15:00
NOVATEK PRODUCTION +7.8%
In the second quarter 2021, NOVATEK’s hydrocarbon production totaled 156.6 million barrels of oil equivalent (boe)
GAZPROM BAHRAIN LNG
2021, August, 2, 12:10:00
U.S. RIGS DOWN 3 TO 488
U.S. Rig Count is down 3 from last week to 488, Canada Rig Count is up 4 from last week to 153.
GAZPROM BAHRAIN LNG
2021, July, 30, 08:40:00
OIL PRICE: ABOVE $75
Brent fell 45 cents, or 0.6%, to $75.60 a barrel, WTIfell 43 cents, or 0.6%, to $73.19 a barrel.
GAZPROM BAHRAIN LNG
2021, July, 30, 08:35:00
RUSSIA'S NUCLEAR FOR EGYPT
Al-Araby Al-Jadeed reported on 19 July that Egypt had suspended planned meetings with Rosatom, again citing tensions over GERD.
GAZPROM BAHRAIN LNG
2021, July, 30, 08:30:00
AMR NUCLEAR FOR BRITAIN
“With over 50 years’ experience of operating the world’s only commercial fleet of gas-cooled nuclear reactors, as well as sodium fast, steam generating heavy water and light water reactors, the UK uniquely boasts the skills, talent and capability to deliver advanced nuclear technologies and the entire supply chain that enables them.
All Publications »