Bahrain LNG WLL - Developer
Bahrain LNG WLL is a newly formed company for the development of an LNG (Liquefied Natural Gas) receiving and regasification terminal in Bahrain, owned 30% by The Oil & Gas Holding Company (nogaholding), 30% by Teekay LNG Partners, 16% by Samsung C&T and 24% by the Gulf Investment Corporation (GIC).
This LNG import terminal will form a vital part of the energy infrastructure of Bahrain – it will give the country security of supply that it needs to meet its growth in demand for natural gas to fuel large industrial projects, to generate power and water and for enhanced oil recovery.
Bahrain LNG import terminal will provide Bahrain with both an insurance policy in case of potential shortages of gas and the ability to supplement domestic gas supplies with gas from LNG.
