Middle East Economic Survey

VOL. LIII

No 8

22-Feb-2010

BAHRAIN

HCOG Takes Over Bapcos Management

The management of the 100% government-owned Bahrain Petroleum Company (Bapco) will be transferred to the government-owned Holding Company for Oil and Gas (HCOG) from the National Oil and Gas Authority (NOGA), under Law 4 of 2010, which was issued earlier this month by Bahrains Prime Minister Prince Khalifa bin Salman Al Khalifa. The law stipulates that the HCOG board of directors should...