Bahrain: Financing in place for LNG terminal
Issue 1028
- 15 Dec 2016
| 1 minute read
Financing has been confirmed for the Bahrain LNG project, with a syndicate of nine international and regional banks providing a 20-year, $741m loan. The project, which will have a capacity of 800 mcf/d and is due for completion in early 2019, is owned by the local Oil and Gas Holding Company (Nogaholding) and a consortium of Teekay LNG Partners, Gulf Investment Corporation and Samsung C&T.
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