BANAGASBahrain National Gas Company
Copyright 1988-2018, All rights reserved.
References in periodicals archive ?
The participants will have the opportunity to network and meet a large number of representatives participating in this event, including Saudi Aramco, SABIC, BANAGAS, Sadara, Kuwait Petroleum Corporation, TatweerPetroleum, Bahrain Petroleum Company (Bapco), Petroleum Development Oman, Alba, Gulf Petrochemical Industries Company (GPIC) And other international companies.
This was mainly due to the increase in crude oil prices from $54 (Average 2017) to $72 (Average 2018), which directly influenced the Company's propane, butane and naphtha prices, says Dr Sheikh Mohamed Bin Khalifa Al-Khalifa, Chief Executive, Banagas, in an exclusive interview with OGN.
The biggest challenge for Banagas in 2018 is to successfully complete its expansion project.
According to Bahrain News Agency ( BNA ), a significant part of the profits from Banagas is ascribed to Bahrain Petroleum Company (Bapco).
With the commissioning of the new station, Banagas will be able to comply with the National Oil and Gas Authority (Noga) directive of 'no flare, no vent'.
Saudi-based JGC Gulf International (JGULF) has been awarded a $15.42m engineering, procurement and construction (EPC) contract by the Bahrain National Gas Company (BANAGAS) for de-bottlenecking its processing trains at the Central Gas Plant.
Ahmad Bin Hamad Al-Nuaimi, chief executive and general manager of APICORP, said: "Since we invested in BANAGAS 33 years ago, we have seen the company evolve into a highly successful leading local, regional and international company.
(Banagas) Trade Union chairman hailed HRH the Crown Prince's keenness on supporting development projects in the Kingdom of Bahrain, particularly the oil and gas sector, which would boost productivity and benefit the nation and citizens.
He congratulated Banagas on its 40th anniversary, and on the success of the new project.
JGC Corporation, one of the leading engineering, procurement and construction (EPC) contractors in the Middle East with an order book worth billions of dollars, says commissioning is in progress at the Banagas Central Gas Plant Three (CGP-III) with commercial operations set to start soon.
Mirza also said he wished to increase the LNG capacity of an existing LNG plant - Bahrain National Gas (Banagas) - by 350 million cu ft.