Saudi Crown Prince, Bahrain's King Open New Oil Pipeline

Saudi Crown Prince Mohammed bin Salman and Bahraini King Hamad bin Isa Al Khalifa opened a new oil pipeline between the two countries on Monday, the Saudi Press agency said.

The crown prince and the king attended the opening ceremony for the pipeline, a cooperative project between Saudi oil company Aramco and Bahrain Petroleum Company (Bapco).

The pipeline connects Saudi oil processing facilities at Abqaiq with the Bapco refinery in Bahrain, with a flow that currently reaches 220,000 barrels per day, and a transport capacity of up to 350,000 barrels per day. 

(Reuters, Reporting by Omar Fahmy, writing by Nayera Abdallah; Editing by Adrian Croft)