Teekay LNG Partners said on its quarterly financial results that Bahrain’s first liquefied natural gas (LNG) regasification terminal will come on stream at the end of this year, later than the original planning.
The last start-up schedule was in the third quarter of this year. Teekay did not mention the reason for more than two times of delay of the terminal’s operation.
The company owns a 30% share in the Bahrain LNG joint venture (JV) with the National Oil and Gas Authority (NOGA) of Bahrain, Samsung Construction and Trading and the Gulf Investment Corp.
The terminal will have a floating storage unit (FSU), an offshore LNG receiving jetty and breakwater, a regasification platform, subsea gas pipelines from the platform to shore, an onshore gas receiving facility, and an onshore nitrogen production facility.