BizBahrain November 2016
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OBG | Business Report<br />
Bahrain to meet domestic energy<br />
demand with new LNG terminal<br />
Oxford Business Group (OBG)<br />
Central to Bahrain’s plans of both<br />
becoming a gas hub and meeting<br />
rising domestic energy demand is a new<br />
liquefied natural gas (LNG) terminal and<br />
regasification facility, the Bahrain LNG<br />
Import Terminal.<br />
Announced last year and slated to<br />
come on-line in early 2019, the Bahrain<br />
LNG Import Terminal will be located<br />
in Hidd industrial area on Muharraq<br />
Island and operated by Bahrain LNG<br />
W.L.L Company, a joint venture of<br />
nogaholding, the investment arm of<br />
Bahrain’s National Oil and Gas Authority<br />
(NOGA), and a consortium consisting of<br />
Teekay LNG Partners, Samsung C&T and<br />
the Gulf Investment Corporation.<br />
The facility will comprise a floating<br />
storage unit, offshore receiving<br />
jetty, regasification platform, and an<br />
underwater pipe network linking the<br />
facility to the shore and an associated<br />
onshore receiving facility. It will have<br />
an initial capacity of 400m standard cu<br />
feet per day (scfd) expandable to 800m<br />
scfd.<br />
The Bahrain LNG Import Terminal<br />
will form a vital part of the kingdom’s<br />
energy infrastructure by securing<br />
supply to meet growing demand for<br />
natural gas to fuel large industrial<br />
projects, generate power and water, and<br />
develop enhanced oil recovery. It should<br />
also provide an insurance policy in<br />
case of gas shortages and supplement<br />
domestic gas supplies with gas from<br />
LNG.<br />
Meeting future demand<br />
The recent moves to develop LNG in<br />
Bahrain are expected to go some way<br />
to meet the kingdom’s future energy<br />
needs, along with planned downstream<br />
expansions.<br />
Earlier this year the Bahrain<br />
National Gas Expansion Company<br />
40 <strong>November</strong> <strong>2016</strong>