Bahrain’s NOGA signs $300m deal to finance Saudi exports

Mubasher: Bahrain’s National Oil and Gas Authority (NOGA) on Wednesday signed a $300 million finance deal with the Saudi Fund for Development (SFD).

The deal is aimed to finance Saudi exports for the Oil and Gas Holding Company (NOGA Holding), Bahrain’s Al Ayam newspaper reported.

NOGA is in talks with international companies to attract private-sector investors to the oil and gas sector in Bahrain and develop the newly-discovered oil field, the country’s oil minister previously revealed.

Mubasher Contribution Time: 20-Mar-2019 12:20 (GMT)
Mubasher Last Update Time: 20-Mar-2019 12:27 (GMT)