The Government acquired 60% of Bapco’s shares in 1975, when the downstream facilities were split from upstream and gas distribution, which the Government acquired 100%in addition to the remaining shares of Bapco in 1997.
Bapco owns and operates the 267,000 bpd Sitra Refinery, as well as storage facilities with a capacity of over 14 million barrels, which comprise around 170 storage tanks of varying capacities at the ‘Refinery Tank Farm’, and 5 km northeast of the Refinery on Sitra Island - the ‘Sitra Tank Farm’ - and the marketing terminal, the ‘Marketing Terminal Storage’.
