Damascus, (SANA) – Syria, Iran and Venezuela will sign on Tuesday a partnership agreement for constructing a crude oil refinery with a capacity of 140 thousand barrels per day east of Homs. The signing of the agreement 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-Bukhari Group will participate in the construction of the refinery. The Iranian Assistant Minister of Petroleum, the Venezuelan 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.
H. Sabbagh, Mazen