Oil & Gas Comparative Table

Overview

This Comparative Table gives an overview of five selected Oil & Gas issues across the six GCC countries, the United States, the United Kingdom & Canada.

Comparative Table GCC, UK & USA

Jurisdiction	Ownership of oil and gas companies	Ownership of oil/ gas reservoirs	Ownership of pipelines	Restricted areas on extraction	Price setting for oil/gas sales and oil/gas distribution
Bahrain	In Bahrain, 100% foreign ownership is generally allowed for commercial activities, but the Ministry of Industry, Commerce & Tourism has imposed restrictions on foreign ownership in the oil and gas sector.	All hydrocarbons located within Bahrain's territories are state property. The Bahrain Petroleum Company, a state-owned company, receives crude oil and non-associated gas produced by companies.	There are no specific rules governing the construction and operation of pipelines. Authorisation from the National Oil and Gas Authority (NOGA) must be obtained to conduct this activity.	There are restricted areas in Bahrain where extraction is not allowed; the National Oil and Gas Authority (NOGA) decides which areas are restricted.	The National Oil and Gas Authority (NOGA) regulate prices for oil and gas sales and distribution.
United Arab Emirates (UAE)

Jurisdiction

Ownership of oil and gas companies

Ownership of oil/ gas reservoirs

Ownership of pipelines

Restricted areas on extraction

Price setting for oil/gas sales and oil/gas distribution

Bahrain

In Bahrain, 100% foreign ownership is generally allowed for commercial activities, but the Ministry of Industry, Commerce & Tourism has imposed restrictions on foreign ownership in the oil and gas sector.

All hydrocarbons located within Bahrain's territories are state property. The Bahrain Petroleum Company, a state-owned company, receives crude oil and non-associated gas produced by companies.

There are no specific rules governing the construction and operation of pipelines. Authorisation from the National Oil and Gas Authority (NOGA) must be obtained to conduct this activity.

There are restricted areas in Bahrain where extraction is not allowed; the National Oil and Gas Authority (NOGA) decides which areas are restricted.

The National Oil and Gas Authority (NOGA) regulate prices for oil and gas sales and distribution.

United Arab Emirates (UAE)