Middle East Economic Survey

VOL. L

No 1-2

1/8-Jan-2007

syria

Syria Signs Agreement With Kuwait Company For Refinery Project

Syria’s Ministry of Petroleum and Mineral Resources on 26 December signed an agreement with Nour Financial Investment Company of Kuwait, together with three other Syrian organizations, to establish a shareholding company to build a 140,000 b/d joint venture refinery at a cost of $1.5bn in Deir Ez-Zor. According to the Syrian Minister of Oil, Safwan...