VOL. XXXIX

No. 1

2-October-1995

SYRIA

AFPC Awards Power Project To Italian Firms

Al-Furat Petroleum Company (AFPC) has awarded a letter of intent to two Italian firms, Tecnologie Progetti Lavori (TPL) and Turbotecnica, for the supply and installation of three 40-MW gas turbines that will supply electricity to AFPC's oil and gas fields in the Dair al-Zur area in eastern Syria. The award was made after three bidding rounds in which two Italian firms quoted a price of about $80mn. Their...