Energy

Bahrain Energy

While Bahrain has pushed successfully to become one of the most diversified economies in the Gulf region, petroleum products still make up a significant share of the country’s total exports: 50% of all exports in 2016, according to data from the UN International Trade Statistics Database and the World Bank. In addition, the drive to establish a flourishing industrial base, coupled with favourable oil and gas subsidies over the years, has put pressure on the kingdom’s ability to meet domestic energy needs with its own supplies of natural gas. The construction of a liquefied natural gas (LNG) terminal, which will start receiving LNG in 2019, as well as reductions in energy subsidies, are likely to help address this shortfall. However, in the long term more will need to be done to raise domestic production or import more oil and gas into the country.

This chapter contains an interview with Abdul Hussain bin Ali Mirza, Minister of Electricity and Water; and Peter Bartlett, CEO, Bahrain Petroleum Company.

Previous chapter from this report:
Insurance, from The Report: Bahrain 2018
First article from this chapter and report:
Bahrain seeks to diversify its sources of energy
Cover of The Report: Bahrain 2018

The Report

This chapter is from the Bahrain 2018 report. Explore other chapters from this report.

Interviews & Viewpoints

Sketch of Peter Bartlett, CEO, Bahrain Petroleum Company (BAPCO)
Peter Bartlett, CEO, Bahrain Petroleum Company (BAPCO): Interview