Bapco and Partners successfully start the first base oil production in the Kingdom of Bahrain
- Bahrain: Thursday, October 13 - 2011 at 17:15
- PRESS RELEASE
The Bahrain Petroleum Company (Bapco), Neste Oil and Nogaholding have successfully started commercial production of base oils at the new base oil plant in Bahrain. The joint venture plant produces premium quality VHVI (Very High Viscosity Index) Group III base oils for use in blending top-tier lubricants and has a production capacity of 400,000 metric t/a.
He said it is also part of the policies and strategies of the Vision 2030. HE the Minister said the new plant is a landmark in the latest technologies in industry.
Bapco's Chief Executive, Mr. Faisal Al-Mahroos commented on this occasion and said: "we are delighted with the successful start-up of this promising project. The new plant reflects National Oil and Gas Authority (NOGA) and Bapco's ongoing commitment to diversify income in support of the national economy of Bahrain, and also reflects our continuous commitment for entering into promising partnerships with leading establishments worldwide.
Neste Oil's Executive Vice President Matti Lehmus also commented on this occasion: "The new plant is a great achievement, as it is one of the world's largest units of its type and features the latest technology". "Thanks to close cooperation among the partners, we were able to get the plant up and running within the very challenging three-year schedule originally announced."
BAPCO, wholly owned by the Government of Bahrain, is engaged in the oil industry including exploration and prospecting for oil, drilling, production, refining, distribution of petroleum products and natural gas, sales and exports of crude oil and refined products.
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