Middle East Economic Survey
VOL. XLVIII
No 34
22-August-2005
BAHRAIN
Bapco And Neste Oil To Proceed With Planned Lube Base Oil Project
Finlands Neste Oil announced on 18 August that agreement had been reached with Bahrain Petroleum Company (Bapco) to proceed with plans for a joint venture to produce lube base oil at the Sitra refinery. Late last year, Bapco signed a memorandum of understanding with Finlands Fortum to conduct a joint feasibility study into the project (MEES, 3 January). Fortum and...
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