Bahrain’s upstream sector has been rejuvenated by a major unconventional discovery offshore its west coast. Further appraisal drilling is planned for this year, with results due in early 2019. The kingdom is dependent on neighboring Saudi Arabia for political and economic support, as well as 80% of its oil “production."
Crude Output | 197 | '000 b/d |
Crude Exports | 151 | '000 b/d |
Crude Imports | 179 | '000 b/d |
Refining Capacity | 267 | '000 b/d |
Refining Throughput | 224 | '000 b/d |
16 Aug, 2024
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Bapco Energies is borrowing $500mn from the US export bank as the Bahrain Field development project aims to boost gas output and stem oil decline.
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