Middle East Economic Survey

VOL. LI

No 34

25-Aug-2008

Bahrain

Bahrain To Invest $13Bn In Oil Sector Over Next 20 Years

Bahrains National Oil and Gas Authority (NOGA) is currently examining plans to invest around $13bn to develop the countrys oil and gas industry over the next 20 years, according to the Minister of Oil and Gas Affairs and NOGAs Chairman 'Abd al-Husain Mirza. Of this total, $5-8bn will be earmarked for development, exploration and production at the Bahrain field, and $5bn will be...