Iranian Company to Export Five Gas-Fired Power Plants to Syria

Iranian Company to Export Five Gas-Fired Power Plants to Syria

The Iranian company, Mabna, accepted a contract from the Syrian government to import five gas-powered units for use in Aleppo, according to the Syrian state-owned news agency, SANA.

The contract for the power plants is for EU 130 million, according to the Syrian Electricity Minister, Zuhair Kharboutili, as reported in an AP story run by The New York Times.

The contract was announced in the aftermath of a more general agreement between Syria and Iran to cooperate in the electricity sector.

A memorandum of understanding signed between the two countries calls for cooperation on a new power plant in Latakia, five new gas units in Baniyas, and additional evaluation and repairs of Aleppo’s electricity grid, SANA reports.

Due to the ongoing civil war in Syria, electricity production more than halved between 2010 and 2014, according to the International Energy Agency’s data, as reported by AP.

Mabna is an Iranian energy firm.

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