VOL. XL
No. 8
24-February-1997
BAHRAIN
Caltex To Sell Its 40% Stake In BAPCO To Bahrain Government
Caltex Petroleum Company of the US - the joint venture between Texaco and Chevron - has agreed to sell its 40% interest in the 250,000 b/d Bahrain Petroleum Company (BAPCO) refinery located at Sitra to the Bahrain Government (which holds the remaining 60% interest) with effect from 1 April, according to a statement on 19 February by the Minister of Petroleum and Industry, Shaikh 'Isa bin 'Ali Al...
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