Wednesday 18, April 2018 by Jessica Combes

Bahrain oil discovery could support sovereign credit over longer term


On 4 April, Bahrain’s (B1 negative) oil minister Sheikh Mohammed bin Khalifa Al Khalifa announced the discovery of hydrocarbon deposits containing at least 80 billion barrels of tight oil and 10-20 trillion cubic feet of deep natural gas in a new offshore field off the west coast of Bahrain.

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