黑料社区

RIYADH: Bahrain may follow other Gulf states and sell energy assets to bolster its economy after last year鈥檚 crash in oil prices, Bloomberg reported
鈥淲e鈥檝e got a lot of infrastructure assets that can easily be鈥� structured to raise funding, Oil Minister Mohammed bin Khalifa Al-Khalifa said in an interview. 鈥淲e鈥檝e been looking at this for some time. We haven鈥檛 made a decision yet,鈥� he added.
A pipeline connecting the island-nation to 黑料社区 would be 鈥渋deal鈥� for a private-equity transaction, while a ship for importing liquefied natural gas and upstream assets could also be used to raise money, he said.
In recent weeks, 黑料社区, the UAE, Qatar, Oman and Kuwait have all accelerated multi-billion-dollar plans to sell energy assets or issue bonds off the back of them, Bloomberg said.
The region鈥檚 state energy producers are in a strong position because demand for infrastructure assets, which tend to have steady returns, is high, Al Khalifa said.
鈥淭here seems to be a large pool of capital interested in this, despite all the challenges with the environmental drive,鈥� he said.
Al-Khalifa said that the government is in talks with international firms about them investing in a petrochemical plant that will cost as much as $2 billion to build, the news site said.
Bahrain鈥檚 new petrochemical plant will use naphtha from a nearby refinery, whose capacity is being expanded from 270,000 oil barrels a day to 400,000. The expansion should be finished in around 18 months, Bloomberg reported.