Bahrain’s first liquefied natural gas (LNG) regasification terminal is now expected to start operations by year-end, Teekay LNG Partners said in its quarterly financial results, later than initially expected.
The Ministers of Finance of the Kingdom of Saudi Arabia, the United Arab Emirates, the State of Kuwait…1256 | the publication reaches you by | Bahrain News
Teekay, which owns a share in the terminal, did not mention the reason for the delay. Chief Executive Mark Kremin said “good progress” had been made on the terminal, however, with the start-up now expected before end of the year.
Other shareholders include the National Oil and Gas Authority (NOGA) of Bahrain, Samsung Construction and Trading and the Gulf Investment Corp.
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