BAHRAIN ENERGY FUND: $1 BLN
OGJ - Bahrain plans to raise $1 billion for energy investments in a fund the government calls unique among Gulf Cooperation Council countries.
Investments will include development of Bahrain Petroleum Co.'s recent offshore discovery in an unconventional reservoir, estimated to hold 80 billion bbl of oil in place.
Funds also will be used for other upstream work as well as downstream projects.
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