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The Bahrain Petroleum Company: обзор компании http://iv-g.livejournal.com/502027.h BAPCO, wholly owned by the Government of Bahrain, is engaged in the oil industry including exploration and prospecting for oil, drilling, production, refining, distribution of petroleum products and natural gas, sales and exports of crude oil and refined products. The company owns a 250,000 barrel-a-day refinery, storage facilities for more than 14 million barrels, a marketing terminal, and a marine terminal for its petroleum products. Key Dates 1929 BAPCO established by Standard Oil Company of California 1932 First oil discovery 1934 First shipment of crude oil 1936 The Bahrain Refinery - with a capacity of 10,000 barrels per day - opened 1945 A-B pipeline laid between Bahrain and Saudi Arabia; then the world's longest commercial submarine pipeline 1948 Discovery of natural gas 1968 Bahrain Refinery expansion programme completed with 250,000 barrel-a-day capacity 1976 Incorporation of the Bahrain National Oil Company (BANOCO) 1980 Establishment of Supreme Council for Oil under the chairmanship of H.H. Shaikh Khalifa bin Salman Al-Khalifa, the Prime Minister 1980 The Petroleum Marketing Unit is set up in the Ministry of Development & Industry with the aim of marketing the Government's 60% share of products from the Bahrain Refinery 1981 BAPCO reconstituted as a joint venture refining company owned 60% by the Bahrain Government and 40% by Caltex 1982 BANOCO assumes full and direct responsibility for production of oil and gas from Bahrain field 1983 The Petroleum Marketing Unit integrated into BANOCO to form the International Marketing Department 1985 Incorporation of Bahrain Aviation Fuel Company (BAFCO) in which BANOCO shares 60%, Caltex 27% and BP 13% 1994 The Bahrain Refinery awarded ISO 9002 Certification from British Standards Institution (BSi) 1997 The Bahrain Government assumes 100% ownership of the Bahrain Refinery 1999 The new BAPCO is formed following the merger between The Bahrain Petroleum Company B.S.C. and The Bahrain National Oil Company 2000 Start of petroleum products in-line blending and introduction of unleaded gasoline to the local market 2001 Kerosene Merox units commissioned as part of the Refinery Modernisation Plan 2002 Launch of new Bapco Strategic Directions 2004 Contract signed to execute Low Sulphur Diesel Production Project 2005 US$1.1 billion financing secured for investment programme 2007 Start-up of Low Sulphur Diesel Production complex http://www.bapco.com.bh/default.asp?act BAPCO News 2009 Annual Review http://www.bapco.com.bh/default.asp?act http://www.bapco.com.bh/media/pdf/ar%20 |
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