News // Oil and gas worldwide
Iran to launch $1 bln refinery in Syria
27 September 2017 , 15:26Neftegaz.RU1166
Iran's Research Center of Petroleum Industry (RIPI) is to launch a refinery in Syria, a RIPI official said on September 26, 2017.
Addressing a press conference on the center's latest activities and achievements, Deputy RIPI Head of Technology and International Relations Mansour Bazmi said the facility it to be developed with the technologies RIPI has developed.
He said the institute is to offer the technical savvy required for construction of the plant.
«The refinery will be launched once unrest is over in the Arab country,» he said, adding the maximum participation of Iranian companies has been ensured in the project.
Bazmi said an investment of a billion dollars will be made in the project, adding the refinery will be developed for production of gasoline, liquefied petroleum gas (LPG), gasoil, kerosene, fuel oil and bitumen.
The facility will be fed by light and heavy crude oil produced by Syrian oilfields.
He said RIPI is the Middle East's biggest provided of technological services, adding the institute is the only research center which has so far generated millions of dollars by selling technologies services to foreign companies.
The center has also holds patents of 130 inventions, the official added.
14:08 10.10.2018Saudi Aramco and BAPCO meet Bahrain’s growing energy demand
16:42 03.10.2018Iran, Syria sign deal for power plant project in Lattakia
15:57 02.10.20187 EU Central Banks to Cooperate with Iran in Sanctions Era
17:59 01.10.2018PEDEC Inks Deal with Domestic Firm to Build Oil Storage Tanks
16:43 01.10.2018SP platforms 13B, 13D loaded at Bushehr yard
10:10 25.09.2018Iran confirmed South Korea's halt of oil imports