This was a crux of a discussion hosted by Capital Club Bahrain by inviting experts who deliberated on all aspects of the energy sector with an in-depth look at the oil and gas industry.
Three of Bahrain’s influential experts provided an in-depth market review, outlook, developments and challenges; and shed light on the investment climate for the region’s primary industry.
The panel consisted of industry leaders, including Sh. Mohamed Bin Khalifa Al Khalifa, CEO of NOGA Holding; Dr. Dawood Nassif, General Manager, Strategy and Business Development for BAPCO; and Mohammed Al-Dandani, General Manager of Saudi Makamin.
The general consensus of the panel was that 2013 is expected to improve slightly compared to 2012, with the exception of Europe. Several game-changers in the industry are anticipated to help stabilize the energy process, including shale gas, tight oil and liquefied natural gas (LNG); and several initiatives in terms of oil and gas projects are being launched in Bahrain, which will aid the economy and prosperity of the Kingdom.
Capital Club’s monthly Business Forum series focuses on topics that affect the business community at large. The next event on 26th March 2013 will tackle the business of Media, featuring Samira Rajab, Minister of State for Information Affairs.