| Country |
: |
Syria |
| Project Value |
: |
USD 4,700,000,000 Estimated |
| Sector |
: |
Oil and Gas | Refinery |
|
Consultant |
: |
APS Engineering Company
(Feasibility and pre-Feed studies) |
| Profile Type |
: |
Standalone Project
|
|
Phase:
FEED - Execution
|
|
Completion: 2017
|
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|
|
| Background |
Syrian Ministry of Petroleum and Mineral ResourcesSyrian Ministry of Petroleum and Mineral Resources (MPMR) plans to build Farkalas refinery east of Homs, Syria.
The refinery will have a production capacity of 140,000 bpd.
APS Engineering Company is the feasibility study and pre-FEED consultant. |
| Expected Events |
| Schedule |
Contract Phase/Phase |
Description |
| Q3 2011 |
FEED | APS Engineering Company awarded the feasibility and pre-Feed studies contract. | | Q3 2012 | FEED | Studies expected to be completed
|
| 2017 |
Completion | Project expected to be completed
|
|
| Latest Events |
In 2011, the feasibility and pre-Feed studies were awarded to APS Engineering Company.
In Q3 2012, pre-FEED studies are expected to be completed.
In 2017, the project is expected to be completed. |
| Previous Events |
In 2011, the Malaysian Oil Company dropped out of the project. Its shares are expected to be distributed among the remaining shareholders.
In H1 2011, Aksens apologized for conducting studies.
In Q1 2011, the feasibility and pre-Feed studies were awarded to Aksens.
In November 2010, an updated MOU was signed between Syrian Ministry of Petroleum and Mineral Resources and Venezuelan Ministry of Energy toward implementing the project.
In 2009, Namvaran was awarded the feasibility study contract.
In March 2008, a partnership agreement to construct and finance the refinery was signed between Syria, Venzuela, Iran and Bukhari Group.
In October 2007, an MOU was signed between Syrian Ministry of Petroleum and Mineral ResourcesSyrian Ministry of Petroleum and Mineral Resources and an international consortium to construct a refinery in Farkalas. |
| Scope of Work |
Construction of a 140,000 bpd refinery. |
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