Bahrain is pressing ahead with plans to join the GCC’s increasingly dynamic LNG importers club. Having tied up financing, it hopes for early-2019 start-up of its 800mn cfd terminal, just before a key industrial project is set to boost demand.

Bahrain has long been considering adding LNG imports to its energy mix, and on 12 December finalized arrangements for a $742mn loan to fund an import terminal. Bahrain LNG – a joint venture of state entity Nogaholding 30%,...