State-led Aluminium Bahrain (Alba) signed a 10-year gas supply deal with Bapco Energies subsidiary Bapco Upstream on 23 January. The agreement has a fixed price structure for the first five years at $4mn/BTU.
“Five years of stable gas price are just the foundation,” said Khalid al-Rumaihi, Bapco Upstream’s Chairman. “This partnership with Bapco Energies lays the groundwork for a future where collaboration and transparency will fuel our sustainable growth.” (CONTINUED - 156 WORDS)