Bahrain Oil and Gas Interviews

Oil & Gas Sector: Bahrain's Banagas Hopeful of Increased Gas Production

editor@marcopolis.net (Jacques Yétérian) — Tue, 16 Apr 2013 00:00:00 +0000

Dr. Mohamed Al Khalifa, Chief Executive of Banagas

We are waiting for a full feasibility study to be completed for what Tatweer’s plans and developments are in future. Then we will hopefully proceed either jointly with Tatweer or one our own if there is more gas available at that time, but the prospect is that there would be extra 150 million standard cubic feet per day.

Bahrain National Oil and Gas Authority Outlines Future of Bahrain Oil and Gas Industry

editor3@marcopolis.net (Ben Novak) — Thu, 21 Jul 2011 11:29:21 +0000

National Oil and Gas Authority, HE Abdul Hussain bin Ali Mirza, Bahrain Minister of Oil and Gas

Today, the income from oil and gas constitutes about 80% of the government's revenue. However, we were also the first GCC country to attempt diversification, in the 1960s and 70s. Thanks to those efforts, oil and gas now only constitute 24% of GDP at current prices (and 12% at constant prices).

New Investments to Double Bahrain's Oil Production Using Latest Technology

editor3@marcopolis.net (Ben Novak) — Thu, 21 Jul 2011 09:14:04 +0000

Dr. Ed Hanley, Chief Executive of Tatweer Petroleum

In 2010, Tatweer spent a total of US$ 345 million through 200 contracts and 1,300 purchases; and created 240 new jobs, with many of them going to young Bahrainis. We are very much positive that our efforts will lead to maximizing the Field production capacity to triple in seven years’ time, reaching 100,000 barrels per day.

BAPCO Bahrain Key Investments into Oil and Gas Industry in Bahrain

editor3@marcopolis.net (Ben Novak) — Wed, 20 Jul 2011 16:00:31 +0000

Faisal Al Mahroos, CEO of BAPCO (Bahrain Petroleum Company)

Oil provides a major support for Bahrain's economy. It accounts for 80% of Bahrain's export revenues and 20% of Bahrain's GDP comes directly from the oil industry.