Syria, Iran and Venezuela would sign next Tuesday a partnership agreement on constructing a crude oil refinery with a capacity of 140,000 barrels per day near the midland city of Homs, the official SANA news agency reported on Sunday.
The signing of the agreement would be followed by establishing a joint company for carrying out studies and implementing the project, said the report.
In addition to the three countries, the Malaysian al-Bukhari Group will participate in the construction of the refinery, it added.
Iran's Assistant Minister of Petroleum, Venezuela's Assistant Minister of Energy and Chairman of al-Bukhari Group are set to arrive in Damascus on Monday to sign the agreement and visit the location of the refinery at al-Farkalas region east of Homs, about 160 km north of the capital Damascus.
Source: Xinhua
|
Comment
Tell A Friend
Print Format
Save Article