Monday 12, December 2016 by Robin AmlĂ´t

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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