Joint Syrian-Iranian Russian Company Soon

Economy & Aftermath

DAMASCUS,(ST) – Both Ministries of Oil and Mineral Resources and Transportation as well as some other bodies are in the process of establishment and the creation of a joint Russian-Iranian-Syrian company “joint stock company” to be based in Moscow, well informed sources told al- Baath Newspaper.

The same sources pointed out that it was agreed with the concerned authorities of the state ministries to prepare preliminary studies of the company and how to achieve the desired goal of the establishment and the extent of the economic viability that can be achieved.

Showed that The contribution of the Syrian government reaches 25% of the company’s capital,10% of the contribution of the Ministry of Petroleum and Mineral Resources, and 15% of the Ministry of Transport represented by the General Organization Of Maritime Transport, while the remaining ratios of the capital of the company distributed among the private sector in the three countries. The goal of the establishment of the company, according to the sources, is conducting maritime transport of crude oil and other petroleum derivatives.

With regard to the technical specifications of the tanker to be purchased, it was agreed, according to sources on the status lines to buy a tanker notably: to be a carrier of the model “Oaqramax”, and to be fit for navigation in international sailing areas.

 The sources revealed the serious and the actual steps carried out by the concerned authorities in terms of implementation and follow-up, whereas the embassies in Iran and Russia to inform them of the merits of the subject, in addition to that it has already been notified and informed of economic and commercial activities of the private sector in the two countries concerning the company to be established in accordance with what has been said.

According to the information provided to us, it has already been coordination with some private economic actors from both sides to join, participate and contribute in the establishment of the company, the sources added that the company’s activities could be expanded to include tankers for materials and needs required from the three countries.

Sh. al -Khatib

You might also like
Economy

With local and international participation, the “HITEC” exhibition for…

Economy & Aftermath

Conference of Investment Prospects and Visions in Reconstruction Phase continues its…

Economy & Aftermath

Conference on“Investment Prospects and Visions in the reconstruction phase” kicks off

Economy & Aftermath

ACSAD holds training course on proper management of salt-affected soils

.. _copyright: Copyright ========= .. code-block:: none Copyright (C) 1998-2000 Tobias Ratschiller Copyright (C) 2001-2018 Marc Delisle Olivier Müller Robin Johnson Alexander M. Turek Michal Čihař Garvin Hicking Michael Keck Sebastian Mendel [check credits for more details] This program is free software; you can redistribute it and/or modify it under the terms of the GNU General Public License version 2, as published by the Free Software Foundation. This program is distributed in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the GNU General Public License for more details. You should have received a copy of the GNU General Public License along with this program. If not, see . Third party licenses ++++++++++++++++++++ phpMyAdmin includes several third-party libraries which come under their respective licenses. jQuery's license, which is where we got the files under js/vendor/jquery/ is (MIT|GPL), a copy of each license is available in this repository (GPL is available as LICENSE, MIT as js/vendor/jquery/MIT-LICENSE.txt). The download kit additionally includes several composer libraries. See their licensing information in the vendor/ directory.