Bapco was founded by the Standard Oil Company of California in 1929. Pioneering the discovery of oil in 1932 in the Arabian Peninsula, the company began exporting its products in 1934 before commencing refining activities in 1936.
Since its primitive days, Bapco has contributed greatly to forming the economy of the Kingdom of Bahrain. Wholly owned by the Government of Bahrain, the company is a front runner on the regional energy scene, primarily engaged in exploration, refining, distribution of petroleum products and natural gas and export of crude oil and refined products among other activitities.
Furthermore, Bapco is an important contributor to modern Bahrain, accounting for a significant portion of the region’s energy-related activities. The company owns a 260,000 barrel-a-day refinery, storage facilities for 14 million barrels, a marketing terminal, and a marine terminal for its petroleum products. About one-sixth of this crude originates from Bahrain Field, with the remainder being pumped from Saudi Arabia through pipelines, with 95% of Bapco’s refined products being exports.
A major portion of Bapco’s customer base is constituted by the Middle East, India, the Far East, South East Asia and Africa. The company is engaged in the production of high-quality Liquefied Petroleum Gas (LPG), Naphtha, Gasoline, Kerosene, Aviation Turbine Fuel, Ultra Low Sulphur Diesel, Heavy Lube Distillate, Fuel Oil and Asphalt, which form the core of its business. Bapco is also involved in the supply of aviation fuel at the Bahrain International Airport, and supplies natural gas to power-generating plants and other industries in the Kingdom. Utilising advanced techniques, Bapco also carries out extensive studies to obtain accurate data on existing oil and gas reserves and explore for new offshore reserves.
With an environment-centered approach and a steadfast workforce at its helm, Bapco continues to make great strides in the development of Bahrain’s economy in the times to come.
Sponsors
