Developing oil and gas sector investments to boost Bahrain economy

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Continuous work to increase investments in the oil and gas sector is important in sustaining the Kingdom of Bahrain’s progress and development.

This was emphasised by His Highness Shaikh Nasser bin Hamad Al Khalifa, His Majesty the King’s Representative for Humanitarian Work and Youth Affairs and Board of Directors Chairman of the Oil and Gas Holding Company B.S.C (Nogaholding).

HH Shaikh Nasser also stressed the importance of developing the oil industries by increasing production and implementing mega projects to reflect positively on the development march, led by His Majesty King Hamad bin Isa Al Khalifa.

It will also achieve the aspirations of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, inactivating the role of the two sectors in stimulating the national economy, in line with the goals of the Bahrain Economic Vision 2030.

HH Shaikh Nasser yesterday received Oil Minister Shaikh Mohammed bin Khalifa Al Khalifa and Board of Directors Chairman and Bahrain Petroleum Company (Bapco) Chief Executive Officer Dr Dawood Nassif.

He discussed with the Oil Minister all economic and investment topics related to oil and gas and was informed about the future plans and programmes to be implemented by the Oil Ministry and Bapco in order to develop the oil sector in the kingdom, using the best technology in the oil industries.