ABU DHABI (Sputnik) — Bahrain is holding talks on the supply of liquefied natural gas (LNG) with Russian energy companies Gazprom and Rosneft, Bahrain's Oil Minister Sheikh Mohammed bin Khalifa bin Ahmed Khalifa told Sputnik on the sidelines of an oil media forum Thursday.
"As for the supplies of liquefied natural gas to Bahrain, now we are negotiating on the issue with two Russian companies — Gazprom and Rosneft. Gazprom has more resources," the minister said.
Earlier, Bahrain's National Oil and Gas Authority (NOGA) and Gazprom had signed a memorandum of understanding on expansion of cooperation in the liquefied natural gas (LNG) sector, while Russia's Rosgeologia company and NOGA inked an agreement on strengthening cooperation in geological surveying for production of oil and natural gas.
On March 30, President Vladimir Putin said Russia will become the world's largest LNG producer.