MANAMA (Sputnik) – Bahrain has ramped up its year-on-year oil production by over 650,000 barrels in 2015, the annual National Oil and Gas Authority report revealed on Monday.
"A slight improvement in oil and gas production was witnessed in 2015, where Bahrain Field production was 18.462 million barrels, compared with 17.805 million barrels in 2014," the report said.
Bahrain is estimated to export 150,000 barrels per day out of its 200,000-barrel daily output.
Commenting on the report, Bahraini Energy Minister Abdul Hussain bin Ali Mirza said 2015 marked the start of a number of strategic projects, including the launch of a first liquefied natural gas terminal valued at $650 million.
Laying for a new Bahraini-Saudi 71-mile oil pipeline also began last year.
