Middle East Economic Survey

VOL. LII

No 44

2-Nov-2009

UAE

TAQA-Operated Bergermeer Gas Storage Program Moves Ahead

The Bergermeer Gas Storage (BGS) Consortium and Russias Gazprom Export on 21 October announced they had made a Final Investment Decision (FID) for the construction and management of Europes largest gas storage facility. This will incorporate the depleted reservoir of the Bergermeer field in the Netherlands. The BGS Consortium will invest 800mn in the construction and design of the gas...