Bahrain awards contracts for LNG imports complex

December 2, 2015 2:11 PM

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VIENNA Dec 2 Bahrain's Oil and Gas Authority (Nogaholding) has awarded a consortium of Teekay LNG Partners , South Korea's Samsung C&T and Gulf Investment Corp (GIC) a contract to develop a liquefied natural gas (LNG) terminal in the kingdom.

The project, to be built in Bahrain's Hidd Industrial area, will have a capacity of 800 million standard cubic feet per day and will be owned and operated under a 20-year agreement starting July 15, 2018, according to an emailed statement.

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