(CercleFinance.com) – TotalEnergies announces that it has laid the foundations for cooperation with Bapco Energies, the national company in charge of Bahrain’s energy transition, for the optimization of the Sitra refinery and in the trading of its petroleum products.
The French group will thus bring to Bapco its global oil and raw materials supply capacity, as well as its expertise in refining and trading, with a view to maximizing the value of Bahrain’s downstream oil sector.
‘Beyond oil and petroleum products, we will work to extend this collaboration to other energies, such as LNG or renewable energies,’ adds TotalEnergies CEO Patrick Pouyanné.