Bahrain Mirror: Bahrain has announced that is set to establish a distribution centre for Russian Liquefied Natural Gas (LNG) in the region, and made an agreement with Moscow to import this product.

In an interview with the Russia Today (RT), Bahraini Energy Minister Abdulhussain bin Ali 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," Mirza told RT.

His statements came on the sidelines of the King's visit to Russia. The Minister stated that the island kingdom has agreed with the Russian state-owned energy giant Gazprom to import LNG from Russia and to establish a distribution centre in the kingdom, also 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," 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, stressing 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."

Arabic Issue