VOL. XLVI

No 17

28-April-2003

SYRIA

Irans Azarab Energy Industries To Upgrade, Convert Banias Power Station

Irans Azarab Energy Industries Company has won a $72mn contract to upgrade the Banias power station in Syria. Work on the project will start in two months after a credit line is opened and is scheduled to be completed in around 16 months. The 680mw Banias power station is in the process of being converted from oil to gas, with gas supplied from Syrias Palmyra gas fields. Syria carried out a...