$14bn Bahrain energy sector focus for summit
Manama, March 6, 2014
Details of $14 billion worth of oil, gas, power and water projects planned or under execution in Bahrain will be comprehensively discussed at an upcoming energy forum in the kingdom.
Bahrain Energy Forum 2014 organised by Meed, in partnership with National Oil and Gas Authority (Noga), the government agency responsible for the kingdom's hydrocarbons industry, is scheduled on April 22 and 23 at the Crowne Plaza.
The event will be held under the patronage of Finance Minister and Minister in charge of Oil and Gas Affairs Shaikh Ahmed bin Mohammed Al Khalifa, who will be delivering the opening keynote.
The staging of the forum coincides with the 80th anniversary of Bahrain's export of crude oil, and celebrates the achievements made by the kingdom's hydrocarbons, power and water sectors.
"Bahrain Energy Forum 2014 will provide a comprehensive update of the exciting plans and associated project opportunities to reaffirm Bahrain's historic position as the energy hub of the Gulf and the wider Middle East," Meed Events chairman Edmund O' Sullivan said.
"Additionally, it will explore the upcoming prospects for energy businesses globally."
The scope of the forum will cover Bahrain's energy industry plans and projects up to 2030, encompassing the oil and gas, electricity and water production and heavy industries.
Confirmed speakers include Noga Holding chief executive Shaikh Mohamed bin Khalifa Al Khalifa, who will be sharing the vision and future investment strategies of the investment arm of Noga and Bapco chairman Adel Al Moayyed who will be addressing the opportunities associated with the Sitra Refinery worth $4.5 billion.
Also speaking at the conference are Tatweer Petroleum chief executive Dr Edward Hanley, who will be giving a snapshot of the opportunities associated with Bahrain's oil and gasfield development projects including Awali Field redevelopment; and GPIC general manager for manufacturing Fadhel Al Ansari who will present on the Sitra ammonia/urea plant expansion plans valued at $1.5 billion.
There will also be a dedicated session discussing the energy demand and supply forecast in Bahrain and its implications on industrial development in the kingdom's economic diversification; as well as a comprehensive report to be presented by Meed Insight on the energy mega project delivery challenge throughout the GCC.
Internationally, the forum will be on the spotlight as it discusses The Global Energy Balance to 2030, a special session dedicated to forecasting trends in the world energy and hydrocarbons market in the next 16 years; and outlining the growing role of unconventional gas and liquids in the global energy market.
Bahrain Energy Forum 2014 will attract more than 120 government representatives responsible for Bahrain's energy sectors. – TradeArabia News Service