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Venezuela's helping hand

Venezuela will sign on Tuesday a partnership agreement wit Syria and Iran for constructing a crude oil refinery with a capacity of 140 thousand barrels per day east of Homs. In addition to the three countries, the Malaysian al-Bukhari Group will participate in the construction of the refinery. The Iranian Assistant Minister of Petroleum, the Venezuelan Assistant Minister of Energy, and Chairman of al-Bukhari Group are set to arrive in Damascus on Monday to sign the agreement and visit the location of the refinery at al-Farkalas region east of Homs

Petroleumworld 10 29 07

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