While extracting oil and natural gas increasingly requires more complicated techniques and sophisticated technology, hydrocarbons remain a key part of the Bahraini economy. Indeed, the kingdom’s investment agency, the Bahrain Economic Development Board (EDB), recently reported that the oil sector accounted for approximately 22% of GDP in 2012 as...
With no new exploration concession issued since the 20th petroleum concession round ended in 2008, exploration and production firms are primed for new opportunities. The last round of bidding, which took place from May 2007-May 2008, offered up 65 exploration blocks (56 onshore and nine offshore). The government received 74 applications for 52 of...
Feeding its expanding domestic industrial complex is an ongoing task for Thailand’s energy sector as domestic power demand and consumption continue to outpace supply. This is fuelling a rise in local energy production as the country tries to reduce its dependence on foreign energy supplies. From upstream production and downstream refining to...
The breakneck pace of electricity consumption growth took an uncharacteristic hiatus in 2011 following a decade of strong year-on-year expansion. Total national electricity consumption in 2011 dipped to 148.91 TWh, from 149.30 TWh the previous year, but it was still well above the 2009 level of 135.18 TWh, according to Energy Policy and Planning...
Water resource management was thrust to the forefront of the nation’s collective conscience following disastrous floods in 2011. Although the economic impact of the floods has been substantial (amounting to BT1.44trn [$45.93bn] in losses and damages, according to World Bank estimates), participants in the water management sector and the government...
As energy imports surge and power bills mount, Thailand is embracing a new strategy of decreasing its dependence on foreign energy sources through the expansion of alternative domestic power supplies. Possessing an extensive river network, strong solar radiation, particularly in the rural north-eastern areas, and an abundance of natural biomass, the...
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