Bahrain Oil & Gas Report Q2 2013: New Research Report Available at Fast Market Research
Bahrain has a slowly declining and small oil production base, and there is little it can do remedy this situation. This means the onus in terms of investment is firmly on the downstream, where Bahrain Petroleum Company (BAPCO) is planning to increase the capacity of the Kingdom's centrepiece Sitra refinery by approximately 100,000 barrels per day (b/d) - from 262,000b/d to around 362,000b/d. The planned expansion is expected to cost US$6bn, and HSBC and BNP Paribas have been appointed by...
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