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