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FINANCIAL NEWS
MENA region to invest USD10.3bn in LNG imports
04 Aug 2016
(MENAFN) The MENA region is predicted to become the world’s second-largest gas importing area by 2040 and Qatar, which supplies 40 percent of the consumer nations.
Additionally, the consumption of natural gas in the region will grow from 480bn cubic meters in 2015 to 738bcm in 2040, which will continue as local gas output in most countries falls.
Egypt and Jordan received their shipments of liquefied natural gas (LNG) last year; Kuwait and Bahrain are aiming to build permanent importer terminals.
Moreover, imports by consumer countries in the region last year amounted to only 10.5bcm of LNG, of which 40 percent arrived from Qatar.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
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13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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