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Bahrain, Saudi Arabia Finalize Details of $350 Million, 100-Kilometer Oil Pipeline

BANGALORE, INDIA--November 3, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Bilateral talks between Bahrain and Saudi Arabia are under way to finalize details on the construction of a new Bahrain-Saudi oil pipeline. The 100-kilometer pipeline, to be built for about $350 million, is expected to transport 350,000 barrels per day (BBL/d) of crude oil upon completion.

Other companies featured: Occidental Petroleum Corporation (NYSE:OXY)

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Industry Segment: Transmission
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