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Aramco, Bapco to upgrade path of joint oil pipeline to lone Bahrain refinery

01.16.2013  | 

The project will up the capacity of the pipeline, opened in 1945, to 350,000 bpd of oil from 230,000 bpd, the person said. The project is part of a strategy to develop Bahrain's oil and gas sector.

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By SUMMER SAID

ABU DHABI -- 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 bpd of oil from 230,000 bpd, the person said.

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



Dow Jones Newswires



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Engr. Haruna Dikko
01.18.2013

It is an excellent strategy, but who owns the asset ( the Pipeline), Bapco or Saudi Aramco?, or a Joint Venture?. Further to this, what could have been the technical or economic considerations for changing the path of the pipeline?.
Best regards.

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