Newly identified oil and gas deposits are expected to increase momentum in Bahrain’s energy sector and could have a wider economic impact by easing concerns over rising debt levels.
On April 1 Bahraini officials announced initial testing had...
Newly identified oil and gas deposits are expected to increase momentum in Bahrain’s energy sector and could have a wider economic impact by easing concerns over rising debt levels.
On April 1 Bahraini officials announced initial testing had...
Although Bahrain has faced economic headwinds in recent years, the modest recovery of oil prices in 2017 bodes well for the future in addition to the non-oil sector driving growth, with activities unrelated to hydrocarbons extraction forecast to expand by 3.9% in 2018.
In September 2017 Bahrain announced plans to develop a 100-MW high-tech solar power plant in collaboration with the private sector. This is just the latest in a line of developments related to solar power to come out of Bahrain over the last few years, as the kingdom looks to diversify its energy sources. The tender process for the plant was...
With Bahrain’s population and industrial footprint growing at pace, the kingdom has had to expand its electricity infrastructure. According to the Ministry of Electricity and Water Affairs, Bahrain has an available electricity capacity of nearly 3921 MW, with peak demand hitting 3418 MW in summer 2016. At the same time, top estimates have peak...
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 United Nations International Trade Statistics Database and the World Bank. In addition, the drive...
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