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Wed 20 Mar 2013 12:16 PM

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Bapco eyes $350m pipeline with Saudi

450,000 barrels a day pipeline could be completed by 2015

Bapco eyes $350m pipeline with Saudi

Bahrain Petroleum Company (Bapco) is considering the construction of a $350m oil pipeline that would link the eastern province of Saudi Arabia with the its refinery, Arab News reported.

The pipeline would have a total capacity would of 450,000 barrels a day, and be completed by 2015, the newspaper reported, citing Naji Ahamed, a spokesman for Bapco.

An agreement between state-owned Saudi Arabian Oil Company, also known as Aramco and Bapco allows the pumping of 250,000 b/d of crude oil to Bahrain.

Saudi Arabia has been pumping crude to Bahrain through a 61.5 kilometre pipeline.

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