Noor Petroleum to build petrol stations in Syria

PETROL PUMPER: Noor Petroleum will build 25 stations in Syria. (Getty Images)

Noor Petroleum, a subsidiary of Kuwait-based Noor Financial Investment Company, is to build 25 petrol stations in Syria, Kuwait's official news agency KUNA said on Sunday.

The announcement was made following approval of the Syrian government.

KUNA quoted Abdullah Khattab of the Syrian Company for Storage and Distribution of Petrochemicals said that Noor Petroleum had received permission at cabinet level to open the units throughout the country.

The facilities will also include restaurants, car-washes, vehicle servicing and automotive accessories retailing, KUNA said.

Noor Petroeum took a near 30 percent stake in London-listed Victoria Oil & Gas in February and recently completed a feasibility study into a 140,000 barrel-a-day oil refinery in Dair Al-Zour in Syria.

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