To increase Syria’s Phospat production to 4 million ton a year ..Syria, India Sign MOU on Developing Fertilizers industry

Syria and India on Tuesday signed a memo of understanding on developing the fertilizers industry in Syria to produce phosphoric acid (H3PO4) and phosphate fertilizers to cover the needs of both the Syrian and the Indian markets.

According to the memo, the two sides will promote multi-benefit projects according to their feasibility study.

The two sides also agreed on signing an executive program to produce phosphoric acid and phosphate fertilizers in Syria.

They also agreed on establishing factories for producing phosphoric acid in Syria with the possibility of selling the surplus to the Indian side at global price.

The Syrian Minister of Petroleum and Mineral Resources Eng. Sufian Allaw pointed out that the memo aims at increasing the amount of the produced phosphate in Syria to reach 10 million tons per year, saying “the production is at 4 millions currently”.

Allaw added that the agreement will widen the prospects of cooperation between Syria and India in the phosphate sector and relevant industrial industries.

“Syria has large reserves of phosphate, about 1.8 billion tons, the reserves amount can also be increased with intensified exploration operations.

For his part, Behuria stressed the need for speeding up the cooperation in this field and overcoming any obstacle hindering the establishment of this project.

The cost of the project is estimated at USD 15 millions, funded by the Indian company ‘Zuari’ which is in charge of the project.

The Ministry of petroleum and Mineral Resources estimated the amount of phosphate production at 4 million tons per year. 600.000 tons are processed locally, and the rest is exported.

Signing cermony was attended by Dr. Hasan Zainab and Abdo Husameddin minister assistants , jamal Addairy Geology Establishment General Manager ,and his deputy Adel Azughbi and the Indian delegation and The Indian Ambassador to Damascus.

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