Appraisal of Bahrain’s gigantic Khalij al-Bahrain (KAB) unconventional oil resource is ongoing, and Oil Minister Sheikh Muhammad Al Khalifa is confident of progress at the pioneering development.
Bahrain announced the discovery of KAB in 2018, with the minister saying at the time that he hoped to bring the basin online within around five years (MEES, 6 April 2018). Three years down the line and Sheikh Muhammad firmly believes this timeframe remains feasible. Speaking on 9 June at an event hosted by the American Chamber of Commerce in Bahrain the minister said “it is encouraging… hopefully before the end of five years, we should have enough information to either invest in it directly or attract investment in the resource.” (CONTINUED - 825 WORDS)
