Bahrain energy report

• The share of the hydrocarbon sector in the GDP dropped from 44% in 2000 to 18% in 2019. The country targets 6% of final energy savings and 5% of renewables in the power capacity mix in 2025.
• IPPs operate around 80% of the public power capacity.
• Saudi Aramco is the main oil producer.
• Power generation is 100% based on gas.
• Autoproducers, mainly in the aluminium sector, have 45% of the capacity.
• Since 2014, energy prices in Bahrain have increased significantly to conserve public finances. A 5% VAT was introduced in 2019.
• Energy consumption per capita is among the highest in the world due to the highly developed aluminium and petrochemical industry, which accounts for 60% of the final energy consumption.
• A CCGT power plant with a capacity of 1.5 GW is expected to be fully commissioned in 2022.
• A tight oil field, which could hold at least 80 billion barrels, has been discovered in the Khalij Al-Bahrain Basin. Exploitation could start in 2022.

• Institutions & Energy Policy

  Bahrain is an island nation in the Persian Gulf, located between the Qatar peninsula and the northeastern coast of Saudi Arabia. Bahrain is part of the Gulf Cooperation Council (GCC): the regional political and economic union comprising six countries of the region (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates).

• Energy Companies

  Gas:

  The gas exploration and exploitation activities are managed by Banagas, Bahrain National Gas Company(State 75%, Chevron Bahrain 12.5% and K.S.C through Boubyan Petrochemical Company, 12.5%).

  Banagas operates several gas plants to extract propane, butane and naphtha from associated gas extracted from the oil wells and refinery off-gas.

• Energy Supply

  Gas:

  Gas production increased by 14% in 2019, reaching 17 bcm thanks to the improvement of existing fields and the commissioning by Banagas of a new gas production plant in 2018, which doubled the gas processing capacity.

  Gas production remained stable between 2014 and 2018 at nearly 15 bcm.

• Energy Prices

  Oil:

  The fall in oil prices since 2014 (and absence of buffers despite the 2016-2018 recovery) has caused a significant deterioration in Bahrain's public finances. Consequently, the government resorted to austerity measures, with several increases in fuel prices over the last 6 years.

• Energy Consumption

  Per capita energy consumption reached 9.7 toe in 2019 (three times higher than the Middle East average and 5 times the global average), while electricity consumption per capita was 21 MWh (5 times the Middle East average and 7 times the global average), due to the aluminium sector.

• Issues & Prospects

  Electricity:

  Bahrain's electricity and water master plan projects that peak demand in summer will almost double from 3.4 GW in 2016 to 6.5 GW in 2030.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Bahrain energy market report graphs:

• GRAPH 1: CO₂-energy Emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2019, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2019, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity Prices for Industry and Households (US$c/kWh)
• GRAPH 7: Gas prices for industry (US$c/kWh GCV)
• GRAPH 8: Consumption trends by energy source (Mtoe)
• GRAPH 9: Total consumption market share by energy (2019, %)
• GRAPH 10: Final consumption market share by sector (2019, %)

In the Bahrain energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.