Middle East Economic Survey
Syrian-Chinese Refining Project Enters Decisive Stage
Syria is in the final stages of negotiating the financial and legal details with China for the planned joint venture refinery with a capacity of 70,000 b/d in Deir Ez-Zor, Deputy Prime Minister for Economic Affairs 'Abd Allah al-Dardari has said. The project will cost around $1bn and China has undertaken to put up most of the financing for it, Mr Dardari added. The...