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Noor Financial 'may revive' Syria refinery plans

08 April 2010

Syrian deputy oil minister Hasan Zainab has said that Kuwait's Noor Financial Investment may revive a project to build a 140,000 barrel-a-day refinery in eastern Syria, Bloomberg has reported. "They have recently expressed interest again in the project and we had discussions," he told the news service. "We are awaiting a new offer from them." The refinery had been due to be built between Riqqa and Deir Ezzor in the eastern part of Syria, he said. Syria has two operational refineries with a combined capacity of between 230,000 barrels a day and 240,000 barrels a day.

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