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 |
22 Mar, 2024
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Bahrain is chasing improved downstream margins on the back of the upgrade of its Sitra refinery. With the Middle East emerging as a refining hub amid capacity declines elsewhere, Bahrain will be eying Europe and Africa as markets for its next generation of distillate-led oil products.
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