Bahrain LNG Terminal
Cost: $741 million
Bahrain is fully embracing the era of LNG with construction of the Middle East’s first LNG receiving and regasification terminal.
Construction is expected to be completed in 2019, at which point the facility will have a capacity of over 22 million cubic metres of gas a day. The facility will consist of a floating storage unit (FSU), an offshore LNG-receiving jetty, a regasification platform, subsea gas pipelines, an onshore gas receiving centre, and an onshore nitrogen production facility.
Such is the strategic importance of this facility to the Middle East that it has attracted a wealth of backers including Samsung C&T, Gulf Investment Corporation (GIC), and Teekay LNG Partners.