Middle East Economic Survey

VOL. LIII

No 4

25-Jan-2010

Bahrain

Bahrain Oil Revenues Higher Than Expected At Over $4Bn For 2009

'Abd al-Husain Mirza, Bahrains Minister of Oil and Gas Affairs and Chairman of the National Oil and Gas Authority (NOGA), has estimated Bahrains oil revenues for 2009 at BD1.54bn ($4.09bn), according to an al-Waqt newspaper report of 19 January. Dr Mirza reportedly said the figure was higher than projected, and based on estimated oil production of 66.9mn barrels in 2009 and...