VOL. XLI/VOL. XLII
Bapco Signs $45Mn Loan Agreement For New Blending Plant
The state-owned Bahrain Petroleum Company (Bapco) which managesand operates the countrys 250,000 b/d refinery at Sitra has signed a $45mnloan agreement to finance the upgrade of the refinerys fuels blending plant (MEES,28 September). The loan, which carries a tenor of 7 years and a price of 37.5 bps overLibor, was arranged by a consortium of banks comprising Bahrain...