Petroleum in Bahrain: in the Kingdom of “Two Seas”

Eugene M. Khartukov

Abstract


The past, current status and future of the oil and gas sector of Bahrain are considered and analyzed. The author uses methods of comparative and systematic analyses, which are implemented for assessing the Bahraini hydrocarbons in the context of the world, the Middle East, and the Persian Gulf area. The article mainly concludes that the Covid-19 pandemic has seriously hit the Bahraini oil market (harder than the other sectors of the national economy), however, the pandemic has made inland oil demand and petroleum imports of the kingdom lower but the domestic crude oil production will unlikely increase in the foreseeable future above 200 kb/d, despite the significant discovery of HCs announced by Bahrain’s officials in early 2018.


Keywords


Crude oil; Natural gas; History; Production; Petroleum companies; Bapco; Oil refining; Consumption; Foreign trade; Bahrain

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References


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DOI: http://dx.doi.org/10.3968/12604

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