Bahrain’s gas plans remain in flux
Completion of an import terminal has not ended the kingdom's gas dilemmas
A commercial start-up date for Bahrain’s new LNG facility remains unfixed despite it achieving a technical commissioning milestone, as lengthy discussions with potential LNG suppliers rumble on. Meanwhile, the cash-strapped kingdom—ill-placed financially to become dependent on costly foreign energy—is stepping up decades-long efforts to find and develop indigenous gas resources, with hopes buoyed by a discovery deep below the country's sole oilfield a few years back. Bahrain’s LNG import journey began more than a decade ago, when an increasingly acute domestic gas shortage prompted the government to look overseas to plug the gap. But years of debate over the capacity and form of the import
Also in this section
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised