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Stroytransgaz to start building 2nd gas processing plant in Syria

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MOSCOW, October 24 (RIA Novosti) - Stroytransgaz, one of Russia's largest engineering and construction companies, plans to start building a natural gas processing plant in Syria next week, the project's manager said on Wednesday.

Valery Plotnikov said the Syrian government had ratified a deal to construct the $220 million plant with capacity of 1.1 billion cubic meters per year. No tender was held prior to the deal.

The plant will be the second built by Stroytransgaz in Syria. The company, partly owned by Russian energy giant Gazprom, is already building a gas processing plant with capacity of 2.5 billion cubic meters at an estimated cost of $210 million.

The company has also bid to reconstruct a refinery in Baniyas, northwestern Syria, a project worth over $1 billion. The refinery has capacity of 6 million metric tons a year.

Stroytransgaz is engaged in the construction of oil and gas facilities in 15 countries.

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