New Market Report: Bahrain Oil & Gas Report Q3 2013
Bahrain has a slowly declining and small oil production base, though, according to a recent report by the Bahrain Economic Development board, the country plans to invest US$15bn in the oil and gas sector over the next 30 years as it plans to increase its oil production to 100,000 barrels per day (b/d) before the end of 2020. However, the biggest attention in terms of investment is firmly on the downstream, where Bahrain Petroleum Company (BAPCO) is planning to increase...
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