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Sunday, Nov 01, 2009
DUBAI (Zawya Dow Jones)--Bahrain is to expand capacity at its sole refinery by up to 200,000 barrels a day to deal with an expected increase in oil output over the next 20 years, Middle East Economic Digest reported late Friday.
According to MEED, Bahrain is to expand the capacity of its sole refinery by up to 200,000 barrels a day over the next 20 years to handle fresh supplies of oil from Saudi Arabia.
Bahrain is seeking to increase the Sitra refinery's production by securing new oil supplies from state-owned energy giant Saudi Aramco, but also by developing fresh oil finds and reserves at the oil field, MEED said.
Aramco currently supplies 230,000 barrel a day of oil to the refinery via a pipeline running from Abqaiq in Saudi Arabia via Dhahran to Sitra.
Newspaper Web site: http://meed.com
-Dubai Bureau, Dow Jones Newswires; +9714 364 4965; djnews.dubai@dowjones.com
Copyright (c) 2009 Dow Jones & Co.
(END) Dow Jones Newswires
01-11-09 0522GMT
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