Bahrain ships first diesel cargo to Australia in nearly three years

BXT Trading, the new trading and sales joint venture between BAPCO and TotalEnergies, will be the main entity handling Sitra's ongoing refined fuel export sales, two separate trade sources familiar with the matter said.

BXT Trading's main office is in Dubai, with several executives and sales personnel already based there, they said.

Sitra refinery's naphtha output is expected to rise by 22,000 bpd in 2026, while gasoil and jet fuel production are likely to increase by 40,000 bpd and 24,000 bpd, respectively, with product yields to "stabilise by the end of December or January," FGE NexantECA analysts said in a client note.