Monday 12, December 2016 by Robin Amlôt

Bahrain LNG import terminal achieves financial close

Bahrain LNG WLL, the developer and owner of the first LNG receiving and regasification terminal in the Middle East developed on a PPP basis, has completed limited recourse financing for the project. Bahrain LNG WLL is jointly owned by the Oil and Gas Holding Company (nogaholding) and a consortium consisting of Teekay LNG Partners L.P. (Teekay LNG), Gulf Investment Corporation (GIC) and Samsung C&T (Samsung). Financing a project of this size and complexity is a landmark in the regional financial markets.

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