Syria to construct refinery in cooperation with Venezuela, Iran and Malaysia

By NNN-SANA

Damascus : Syria, Iran and Venezuela are scheduled to sign a partnership agreement for constructing a crude oil refinery with a capacity of 140,000 barrels per day east of Homs.


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The signing of the agreement Tuesday will be followed by founding a joint company for carrying out studies and implementing the project.

In addition to the three countries, the Malaysian Al-Bukhary Group will participate in the construction of the refinery.

The Iranian Assistant Minister of Petroleum, the Venezuelan Assistant Minister of Energy, and Chairman of the Al-Bukhary Group are set to arrive in Damascus Monday to sign the agreement and visit the location of the refinery at the Al-Farkalas region east of Homs.

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