(MENAFN) Nogaholding, the investment and business development of Bahrain's National Oil and Gas Authority (NOGA) signed a five year USD 560mn facility.
Furthermore, the agreement was signed to encourage investment into a number of large scale oil and gas projects among the kingdom of Bahrain.
The firm has substantial expansion plans and expects to invest in excess of USD 7bn across many separate ventures in the coming five years.
In addition, these involve 3 key developments: the BAPCO Modernization Program, the LNG Import Terminal and the Bahrain Gas Plant Project.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.