Monday, April 7, 2008

China to build oil refinery in Syria

Syria and China Wednesday signed an agreement to establish a petroleum refinery as part of plans to bolster cooperation in the oil and gas industry, the official SANA news agency reported Thursday. According to the report, the refinery will have a daily refining capacity of 100,000 barrels of crude oil and is due to be completed by 2011...

[someone will supply the oil the world needs - the only question is who will be paying whom]

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