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FINANCIAL NEWS
Bahrain, Russia to expand co-op in LNG supplies
07 Sep 2016
(MENAFN) Russia and Bahrain confirmed to increase cooperation in liquefied natural gas (LNG), with Moscow considering LNG supplies to the kingdom.
On the other hand, Russian state firm Rogeologiya (Rus Geology) and Noga also signed a deal to enhance their ties in oil and gas exploration.
Accordingly, the five-year program for geological exploration offshore of Bahrain starting from next year has been prepared.
Meanwhile, Gazprom is developing its LNG sales and transportation and aims to increase its own production, which supplies LNG to more than 10 nations.
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