Bahrain set to become Russian gas distributor

Bahrain is set to become a distribution centre for Russian Liquefied Natural Gas (LNG) in the region, it has been officially confirmed.

In an interview with the Russian media, Energy Minister Dr Abdulhussain Mirza announced that a centre for LNG distribution would be established in Bahrain with an approximate cost of $600 million.

“We have agreed with Moscow to import this product and we offered to utilise the centre to distribute it in the Gulf,” Dr Mirza told Russia Today (RT).

His statements came on the sidelines of His Majesty the King’s visit to Russia. The Minister stated that “Bahrain has agreed with Gazprom company to import LNG from Russia and to establish a distribution centre in the Kingdom,” confirming that a special harbour would be ready to operate in the first half of 2018.

“We have offered that the centre could be a distribution point for Russian LNG, as all Gulf States, except Qatar, demand it in the future. Gazprom welcomed the idea,” Dr. Mirza added.

He also confirmed that an invitation had
been sent to YMG Company, which operates under the jurisdiction of the Federal Agency and the Russian Ministry of Natural Resources, to scan the marine and land borders of the Kingdom, adding that “the company has advanced technologies in the field of geological scanning, especially in shallow waters, and we will soon announce tenders for oil exploration in the area.”