Bahrain National Gas Company (BANAGAS)

About Bahrain National Gas Company (BANAGAS)

On the 17th of December 1979 His Highness Shaikh Isa Bin Salman Al-Khalifa, the late Amir of Bahrain, inaugurated the Associated Gas Project marking a major step in the Government of Bahrain’s determination to use energy effectively. The primary objective of this project was to process the large quantities of associated gas extracted from the Bahrain Oil Field into marketable products, supply residue gas for local industrial use and to provide employment and training opportunities to Bahraini nationals. The Project was incorporated as the Bahrain National Gas Company B.S.C. (BANAGAS), 75% owned by the Government of Bahrain with the remaining 25% equally owned by the Arab Petroleum Investments Corporation (APICORP) (now Boubyan) and Caltex Bahrain (now Chevron Bahrain). At a cost of US$100 million the project included the construction of four gas compressor stations, a processing plant to recover Propane, Butane and Naphtha, and a storage area at Sitra.