Middle East / Africa

Bahrain flag
Summary | Profile

Country profile: Bahrain

Location: Middle East, archipelago in the Persian Gulf, east of Saudi Arabia
Climate: arid; mild, pleasant winters; very hot, humid summers
Terrain: mostly low desert plain rising gently to low central escarpment
Size: 665 sq. km total (Land area: 665 sq. km )
Population: 718,306
Languages: Arabic, English, Farsi, Urdu
Government: constitutional monarchy
Capital city: Manama
Legal system: based on Islamic law and English common law; has not accepted compulsory ICJ jurisdiction
Currency: Bahraini dinar (BHD)
Licensing:

Country profile

Bahrain is comprised of a group of small islands in the energy-rich Persian Gulf. The country’s economy is highly dependent on the oil sector, with oil revenues amounting to about two-thirds of total government revenues. While Bahrain is a net exporter of oil, it is the smallest Middle East oil producer by volume, and unlike other Gulf states, Bahrain exports refined petroleum products rather than crude oil.

Domestically, the vast majority of Bahrain’s total energy consumption comes from natural gas, with the remainder supplied by oil. Hydrocarbons also provide the foundation for Bahrain’s two major industries: refining and aluminum smelting. With demand for energy rising and domestic production falling, Bahrain will become increasingly dependent on oil and gas imports unless it can increase domestic production.

Energy production and consumption


Oil Gas
Production: 184,000 bbl/day (2007 est.) 10 billion cu m (2005 est.)
Consumption: 31,000 bbl/day (2005 est.) 10 billion cu m (2005 est.)
Exports: 235,500 bbl/day (2004 est.)  
Imports: 216,300 bbl/day (2004 est.)  
Reserves: 118 bbl (2007 est.) 88 billion cu m (1 January 2006 est.)
Major fields:



Bahrain - recent news

16 Jun 20
Petrofac awarded EPCC contract by Tatweer Petroleum for an upstream gas project in Bahrain
Petrofac’s Engineering & Production Services division (EPS) has been awarded a multi-million dollar engineering, procurement, construction, and commissioning (EPCC) contract by Tatweer Petroleum, for an upstream gas project in Bahrain.
04 Feb 20
Bahrain: Eni signs a MOU to strengthen collaboration in Bahrain’s energy sector
Eni has signed an agreement with Bahrain that will enhance collaboration in the energy sector, by facilitating the joint assessment and launch of new initiatives in areas of mutual interest, including renewable energy, LNG supply and exploration.
02 Jun 19
Bahrain to allow foreign companies to take 100 percent stakes in oil and natural gas extraction projects
Bahrain is to allow foreign companies to own 100 percent of oil and natural gas extraction projects in the Gulf state, under an order issued by Prime Minister Sheikh Khalifa bin Salman al Khalifa.
05 May 19
Bahrain: Tatweer Petroleum and Total sign MoU to cooperate in progressing oil and gas exploration opportunities
Tatweer Petroleum and Total have signed a Memorandum of Understanding (MoU) to cooperate in progressing oil and gas exploration opportunities, knowledge sharing and the supply of Liquefied Natural Gas (LNG) to the Kingdom of Bahrain.
02 May 19
Bahrain: Eni signs EPSA for Block 1 offshore Bahrain
Following a joint study conducted by Eni in 2016 and the signature of the Memorandum of Understanding dated 13th January 2019, Eni has signed an Exploration and Production Sharing Agreement (EPSA) with the National Oil and Gas Authority of the Kingdom of Bahrain (NOGA) for Block 1.

Bahrain - more news

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