Bapco: Pioneering Modern Bahrain’s Oil Industry

Pioneering Oil Company

Bapco has been recognized as a key architect of modern Bahrain due to its pioneering role as the first oil company in the Arabian Gulf to export oil. Today, Bapco, along with its affiliates, remains a significant contributor to Bahrain’s GDP and an employer of choice for many Bahrainis.

Oil Refinery and Export

Refinery Capacity

Bapco owns a 267,000 barrels per day (bpd) refinery, with over one-sixth of the crude originating from Bahrain and the rest pumped from Saudi Arabia. The refinery plays a crucial role in the production of refined products.

Global Exports

Over 85% of Bapco’s refined products and crude oil are exported to countries across Africa, the Middle East, the Far East, and Southeast Asia. This extensive export network highlights Bapco’s contribution to the global oil market.

Bahrain’s Economic Vision 2030

Comprehensive Economic Vision

Launched in October 2008 by His Majesty King Hamad bin Isa Al Khalifa, Bahrain’s Economic Vision 2030 provides a clear direction for the Kingdom’s continued economic development. At its core is the shared goal of building a better life for every Bahraini.

Bapco Modernization Programme (BMP)

Priority Development Project

The Bapco Modernization Programme (BMP) is one of the Kingdom’s priority development projects. Currently underway, the BMP aims to inject newer product streams, introduce additional processes, create skilled job opportunities, and bolster Bapco’s credentials as a company dedicated to sustainability. This modernization effort underscores Bapco’s commitment to innovation and sustainable growth.

Conclusion

Bapco’s pioneering role in the oil industry has cemented its position as a key contributor to Bahrain’s economy. With its extensive refinery capacity, global export network, and dedication to Bahrain’s Economic Vision 2030 through the BMP, Bapco continues to shape the future of the Kingdom. The company’s focus on sustainability and innovation ensures that it remains at the forefront of the industry, contributing to the economic prosperity and development of Bahrain.

Our Website:- www.bapco.net