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Bahrain Oil Field production hits 11.75m barrels

Manama, March 14, 2010

Bahrain Oil Field's total oil production was 11.75 million barrels last year, the National Oil and Gas Authority (Noga) has said.

Noga also said it has set up a joint venture between the Bahrain government, US Occidental Company and UAE's Mubadala to develop petroleum production capabilities of Bahrain Oil Field.

The company launched operations on December 1.

According to data issued by Noga, Abu Sa'afah oilfield production reached 54.76 million barrels last year.

Crude oil from Saudi Arabia totalled 81.895 million barrels, compared to 82.894 million in 2008. The slight decline was due to maintenance work at the refinery, it said.

Oil supplied via pipeline to the refinery - consisting of Bahrain Oil Field production and oil imported from Saudi Arabia - was 94.224 million barrels last year, compared to 94.815 million barrels in 2008.

Bahrain refinery production at 262,000 barrels per day (bpd) surpassed the refinery usual production capacity of 250,000 bpd.

Petroleum derivatives production was 81.344 million barrels, compared to 81.594 million barrels in 2008.

Gas production totalled 5434 billion cubic feet, compared to 538 billion cubic feet in 2008.-TradeArabia News Service




Tags: Bahrain Oil Field | National Oil and Gas Authority |

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