VOL. XXXVI

NO. 25

22-MARCH-1993

Financial and Banking News

REGIONAL FINANCING

British Gas to Study Second Private Utility Venture in Bahrain

British Gas is to prepare a feasibility study for a privately-ownedgas-fuelled power and desalination plant in Bahrain. The venture is expected tocost about 500mn and the study should take about a year. National Bank ofBahrain has already completed a feasibility study for a $150mn desalinationplant, which would be owned by private sector interests. The bank...