annual plan for 2010 aimed to contribute to economic and social
development plan by providing needed growing domestic market of oil products, mineral oils, where the plan assumed productivity refining 1,335 million tons of crude oil, while the value of the refined oil is actually 1,410 million tons with the implementation of 106% refinery in Homs.
Operating of new gas plants, as well as the expected ones, squandered energy concerns for many years because there is not new additions looming in the horizon unless there are major discoveries. existing wells that need to develop are only the fields wells upon which the current gas plants.
Egypt’s oil ministry says it has signed a memorandum of understanding with two Chinese companies to build a $2 billion refinery that would be the largest such plant in the Arab nation.
In 2010, Syria will further focus on refining oil and improving the performance of Homs and Banias refineries, Minster of Oil and Mineral Resources Sufian Allaw said on Wednesday.
Chinese side has finished the economic feasibility for Establishing Chinese refinery in Deir al-Zour with refining power of 100.000 barrel a day.
American Company / Nexant / Nearing on the completion of the final report of the banking feasibility study for refinery Alfrqls project and therefore will go to other phases of the remainder of the project.
Sources in the Ministry of Petroleum and Mineral Resources said that recent series of meetings in Damascus involving partners in the refinery project al-frqls (the Syrian side – the Iranian side – the Venezuelan side and the Malaysian side) with experts from Nexant American Co. to discuss the final draft report of the feasibility study for the refinery, banking al-frqls prepared by the Nexant Company of America.
Venezuelan President Hugo Chaves called to accelerate implementing of joint Oil Refinery Project between Syria ,Venezuela, Iran and al-Bukhari Group in the frame of economic cooperation between the two countries.
General establishment of Homs Refinery refined during the 1st half of this year more than 2.802.000 tons of Syrian crude oil in both heavy and light sorts of planned 2.675.000 tons with implementing average by 105 % .
Mohammad Naji Otari, Prime Minister nominated Nour Eddine Makhlouf as a Director General of oil refining corporation , in stead of Eng. Abdo Hussameddin and Eng. Akram Sultan who was the manager of power plant in Homs as refinery Director-General of Homs refinery.
