Banagas: Major Investments into Capacity
Banagas is planning a major expansion as a part of US$ 20 billion investment plan to raise the profile of the oil and gas sector in Bahrain over the next 20 years.
imported 2024-03-17 17:43:07
Banagas is planning a major expansion as a part of US$ 20 billion investment plan to raise the profile of the oil and gas sector in Bahrain over the next 20 years.
There has been significant downstream, upstream, and midstream development in Bahrain, such as Tatweer Petroleum drilling 15-18 new wells in Khuff Formation to increase the gas production of the Kindom, increased offshore exploration, the upgrading of Bapco refinery, and a planned US$ 20 billion investment into major oil and gas project. Dr. Mohamed Al Khalifa, Chief Executive of Banagas, discusses these recent developments in the oil and gas sector in Bahrain.
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