Tuesday, September 19, 2006

Oil and Gas: Venezuela and Iran team up to plan refinery in Syria

Venezuela's oil minister has announced that Venezuela and good friends Iran, are planning to help construct a petroleum refinery in Syria capable of processing 150,000 barrels a day.

During an official visit to Venezuela by Iranian President Mahmoud Ahmadinejad, Rafael Ramirez was quoted as saying, "We're studying an oil refinery in Syria."