Wednesday 16 January 2013

Bahrain, Saudi Arabia to Upgrade Path of Joint Oil Pipeline

State-run companies Bahrain Petroleum Co., or Bapco, and Saudi Arabian Oil Co., or Saudi Aramco, have decided to go ahead with a project to replace, upgrade, and change the path of a pipeline that links Saudi oil fields to Bahrain's only refinery, a person familiar with the matter said Wednesday.

The project will up the capacity of the pipeline, opened in 1945, to 350,000 barrels of oil per day from 230,000 barrels per day, the person said.

The project is part of the strategy of Bahrain'sNational Oil and Gas Authority to develop the country's oil and gas sector.End

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