COUNTRY OVERVIEW
The Kingdom of Bahrain
Head of State: His Highness Hamad bin Isa al-Khalifa (King)
Independence: August 15, 1971 (from United Kingdom)
Population (July 2008E): 718,306 (includes 235,108 non-nationals)
Location/Size: Arabian Gulf, 257 square miles; 3x size of Washington, DC
Major Cities: Manama (capital)
Languages: Arabic, English, Farsi, Urdu
Ethnic Groups: Bahraini Arab (63%), Asian (19%), other Arab (10%), Iranian (8%)
ECONOMIC OVERVIEW
Currency: Bahraini Dinar (BHD)
Fixed Exchange Rate: 1 Bahraini Dinar = $2.66 US (Fixed)
Nominal Gross Domestic Product (2007E): $16.9 billion
Real GDP Growth Rate (2007E): 6.6%
Inflation Rate (consumer prices) (2007E): 3.4%
Current Account Balance (2007E): $3.913 billion
Major Export Products: petroleum and petroleum products, aluminum, textiles
Main Destinations of Exports (2007E): India (8.4%), Saudi Arabia (3.2%), US (3%), Japan (2.3%)
Major Import Products: crude oil, machinery, chemicals
Main Origins of Imports (2007E): Saudi Arabia (37.3%), US (6.2%), UK (6.2%), Japan (6.8%), Germany (5%)
External Debt (2007E): $7.895 billion
ENERGY OVERVIEW
Minister of Oil & Gas Affairs: Dr. Abdul Hussain bin Ali Mirza
Proven Oil Reserves (2007E): 125 million barrels
Oil Production (2007E): 49,000 bbl/d (of which 34,000 bbl/d was crude oil)
Oil Consumption (2007E): 35,000 bbl/d
Net Oil Exports (2007E): 14,000 bbl/d
Crude Oil Refining Capacity (2007E): 250,000 bbl/d
Natural Gas Reserves (Jan. 2008): 3.25 trillion cubic feet (Tcf)
Natural Gas Production (2006E): 390 billion cubic feet (Bcf)
Natural Gas Consumption (2006E): 390 Bcf
Electric Generation Capacity (2006E): 2.3 gigawatts (GW)
Electricity Production (2006E): 9.2 billion kilowatt-hours (Bkwh)
ENVIRONMENTAL OVERVIEW
Total Energy Consumption (2005E): 0.46 quadrillion Btu (0.1% of world total energy consumption)
Energy-Related Carbon Emissions (2005E): 25.2 million metric tons of carbon (0.1% of world carbon emissions)
Per Capita Energy Consumption (2005E): 665.8 million
Per Capita Carbon Emissions (2005E): 36.6 metric tons of carbon (vs. U.S. value of 5.9 metric tons of carbon)
Energy Intensity (2005E): 32,337 Btu/ $2000 (vs U.S. value of 9,113 Btu/ $2000)
Carbon Intensity (2005E): 1.8 metric tons of carbon/thousand $2000
Fuel Share of Energy Consumption (2005E): Natural Gas (87.0%), Oil (13.0%)
Fuel Share of Carbon Emissions (2005E): Natural Gas (82%), Oil (17%)
Status in Climate Change Negotiations: Non-Annex I country under the United Nations Framework Convention on Climate Change (ratified December 28, 1994)
OIL AND GAS INDUSTRIES
Organization: National Oil and Gas Authority (NOGA);
Bahrain Petroleum Company (Bapco); Bahrain Natural Gas Company (Banagas)
Major Foreign Energy Company Involvement: ChevronTexaco, Petronas, EnCana Corporation
Major Ports: Mina Manama, Mina Salman, Mina Sitrah
Producing Oil Fields (crude production - bbl/d)(2007E): Awali (35,000 bbl/d)
Major Refineries (capacity - bbl/d): Sitra (250,000)
Source: The CIA World Factbook
