The Syrian Petroleum Firm (SPC) plans to construct a brand new heavy crude oil pipeline system linking oil fields within the northeast to the nation’s Banias oil terminal on the Mediterranean. The corporate issued an Engineering, Procurement, Building, Commissioning and Financing (EPCCF) tender on 18 June, with bids closing on 20 July. The brand new pipeline is predicted to price $2.7bn and have capability to hold 400,000 b/d. It’s to be in-built two 200,000 b/d phases, with the choice to increase capability to 600,000 b/d in a 3rd stage.
The successful contractor will function the system for 15 years and is predicted to, the place possible, make the most of and improve the prevailing Syrian Firm for Oil Transport (SCOT) system. A brand new important pumping station is to be constructed at Tel Adas, in addition to 9 booster stations alongside the prevailing route. (CONTINUED – 240 WORDS)
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