Bahrain Energy

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The composition of Bahrain’s GDP compared to the five other GCC member countries, shows that while the energy sector remains the single largest contributor to national production, at just under a quarter of GDP, Bahrain is leading the way on economic diversification. An IMF discussion paper on economic diversification in GCC countries,...

Chapter | Energy from The Report: Bahrain 2016

Although the global drop in crude oil prices is a concern, the early adoption of economic diversification efforts has created positive growth trajectories in non-oil sectors in Bahrain, such as construction and transport.  Hydrocarbons continue to form the bulk of government revenues in Bahrain, with oil and gas accounting for 24.1% of Bahrain’s GDP in 2014. Neighbouring Saudi Arabia...

Low oil prices will undoubtedly continue to be a significant challenge for Bahrain in 2016. However the kingdom’s early moves to diversify its economy mean the country is well placed to weather the storm and non-oil segments are expected to continue performing well in 2016.

Against a backdrop of weaker hydrocarbons prices, Bahrain is stepping up counter-cyclical downstream investments aimed at boosting energy and economic security. 

Both power generation and much of the industrial sector in Bahrain are fuelled by natural gas, with the country producing 557.97bn standard cu feet (scf) of dry gas per annum, according to BP’s “Statistical Review of World Energy 2014”. Most of this comes from the Bahrain field, where natural gas is found associated with oil, and a small amount...

Which specific policies is the ministry implementing with regard to the reduction of subsidies, both at the consumer and commercial level?

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