Oil Ministry announces a global request for proposals for prospecting and exploration

The Ministry of Oil and Mineral Resources has invited bids for global exploration
blocks in eight new cover about 40 percent of Syria, in addition to the performances to develop seven old wells to increase Cost-effectiveness of productivity and achieving better rates .

Eng. Sufian Allaw Minister of Oil and Mineral Resources said during a press conference held on the sidelines of the seventh session of the exhibition Syrian International Oil and Gas SYROIL 2010 to conduct the ministry Completed surveys for prospecting for oil in the Mediterranean Identify areas where it was, which gave positive signs coming during the year  This will be the announcement of the exploration and prospecting is where is Mediterranean environment and promising as it has large reserves .

 
The minister stressed that SYROIL 2010 has become the important exhibitions, which Presents the most important equipment and technologies and mechanisms for Oil and gas industry , adding that the participation of a number of international companies Related to this industry is an opportunity to learn about the latest Technology research and exploration for oil and gas and examine the challenges
Facing the oil and gas industry and ways to address them through  Exchange of ideas and modern theories of the experts involved in this Exhibition.

The Minister indicated to gas processing plant in the southern Central region With 7 million cubic meters a day and Final tests being carried out now Ebla Gas Plant, which will be inaugurated during this month.
He pointed out that there are plans to expand gas use in other fields Through a project to provide the number of vehicles operating in Damascus gas Buses in addition to domestic and industrial city of Adra .
The minister pointed to the existence of projects to build new refineries, including Alfrqls refinery of 140 thousand barrels per day and Deir al-Zour refinery With capacity of 100 thousand barrels per day .

 
In the area of distribution of petroleum products oil minister said there are a number Of Projects including automating the transfer of oil derivatives Carriers and tanks in addition to providing all fuel stations
Magnetic cards and the expansion of a number of new stations Through companies specializing in the distribution and increase energy Storage of petroleum products of various kinds.

The Ministry of Petroleum and Mineral Resources announced recently that the Investments in the energy sector, accounting for 25 percent of the total Government investment value and amounted to 5.5 billion $ in addition To more than three billion dollars of foreign direct investment In the oil and gas and oil production in Syria will not be less than 2000 Million barrels until the year / 2025 / .

on the sideline of the exhibition about fifty workshop and an introductory lecture By senior specialists from the Syrians and foreigners in the sectors of oil And different gas will be held.
/ 265 / local and foreign companies specialized in Exploration, drilling and production and oil services is Participating in the activities of the seventh session of the Syrian International Exhibition for Oil and gas operation.

 
And studies, consultancy and represent / 41 / countries around the world opens Area to assess investment opportunities and access to the latest equipment Oil and different techniques in Syria and the region and the world .

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