Saudi Arabia and Bahrain have signed contracts worth around $300 million to lay a new 350,000 barrel per day (bpd) oil pipeline between the two countries, Bahrain’s Energy Minister Abdul-Hussain bin Ali Mirza said on Thursday. The pipeline is due to be operational in 2018. Officials had previously estimated it would be completed by the … Continue reading EconSource: Bahrain, Saudi Arabia Sign Contracts Worth $300 Million for New Oil Pipeline