The future of Bahrain's energy sector
With $14 billion worth of oil, gas power and water projects planned or under execution, Bahrain is re-asserting itself as a regional powerhouse in the oil & gas as well as power & water sectors.
Details of the massive projects opportunities will be comprehensively discussed at the forthcoming Bahrain Energy Forum 2014 organized by MEED, in partnership with Bahrain’s National Oil and Gas Authority (NOGA), the supreme government agency responsible for the kingdom’s hydrocarbons industry.
Under the patronage of Sheikh Ahmed bin Mohammed Al Khalifa, Minister of Finance and Minister in charge of Oil and Gas Affairs who will be delivering the opening keynote, Bahrain Energy Forum is scheduled on April 22-23, 2014 at the Crown Plaza Manama. The staging of the forum coincides with the 80th anniversary of Bahrain’s export of crude oil, and celebrates the achievements made 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.
Additionally, it will explore the upcoming prospects for energy businesses globally,” said Edmund O’ Sullivan, Chairman, MEED Events.
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 Sheikh Mohamed Bin Khalifa Al Khalifa, Chief Executive, NOGA Holding (investment arm of National Oil & Gas Authority) who will be sharing the company’s vision and future investment strategies; Mr Adel Khalil Al Moayyed, Chairman, Bahrain Petroleum Company (BAPCO) who will be addressing the opportunities associated with the Sitra Refinery worth $4.5 billion.
Also speaking at the conference are Dr Edward Hanley, Chief Executive Officer, Tatweer Petroleum, who will be giving a snapshot of the opportunities associated with Bahrain’s oil and gas field developments projects including Awali Field redevelopment; and Fadhel Al Ansari, General Manager, Manufacturing, Gulf Petrochemical Industries CO. (GPIC) 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 megaproject 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, NOCs, IOCs, EPC contractors, FEED Consultants, developers, oil and gas service delivery companies, power and water technology service providers; as well as banks, investors, export credit agencies, multilaterals, contractors and management consultants