Middle East Economic Survey

VOL. L

No 28

9-July-2007

Bahrain

Bahrain Oil Minister Attributes Fall In Revenue To Increased Refining Cost

The decline in revenue from the Bahrain oilfield and the Bapco refinery is attributed to a 23% average increase in the cost of refining worldwide in 2006, compared to 2005, according to the Minister of Oil and Gas and chairman of the National Oil and Gas Authority (NOGA) 'Abd al-Husain 'Ali Mirza. He was responding to a report in the Bahrain daily Al-Wasat of 10...