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The Bahrain Petroleum Company (Bapco) was registered on 11th January 1929. Since then, Bapco has grown to be a powerful organisation that continues to play a key role in Bahrain’s development as a pioneering industrial force.
Bahrain was the first country in the Arabian Gulf where oil was discovered in 1932. Bapco was instrumental in that discovery and helped in setting up the building blocks of the region’s hydrocarbon industry when it commenced the export of oil on 7th June 1934, and then began refining it from 1936.
Bapco pioneered the discovery of oil in the Arabian peninsula being the first company to discover oil in the region in 1932. It played a leading role heralding in a new economic era for Bahrain, moving it from a pearling economy to an oil-based one. It soon became the largest employer in the country bringing rapid modernization to the Kingdom.
The Company operates a 267,000 barrels per day (BPD) refinery, storage facilities for 14 million barrels, a marketing terminal and a marine terminal for its petroleum products. About 95% of Bapco’s refined products are exported. The Company also produces high-quality liquefied petroleum gas (LPG), gasoline, kerosene, and low sulfur diesel, which all form the core of its business.
The Company is moving ahead with its most ambitious plan to date, the Bapco Modernization Program (BMP), a US$4.2 billion flagship project designed to expand and upgrade the refinery from 267,000 to 380,000 barrels per day. This will improve the refinery’s overall energy efficiency and result in cleaner products that meet stricter environmental standards.