East Mediterranean
Syria
Restoring oil, gas and electricity production are central to Syria’s post-war reconstruction. But ongoing western sanctions continue to hamper Damascus’s efforts.
State of Play
After seven years of war, Syria may finally be approaching the endgame. President Assad’s government is turning its attention to post-war recovery. The hydrocarbon sector is crucial: oil exports accounted for 30% of pre-war revenue and, after billions in investment, gas output was just ramping up when war took off. But EU and US sanctions will make attracting investment an uphill task – all eyes are on Russia.
2019 In Numbers
| Crude Output | 0.1 | mn b/d |
| Gas Output | 4 | bcm |
| Peak Load | 4 | GW |
| Refining Capacity | 0.245 | mn b/d |
1 Jul, 2022
Featured
Syria Oil-For-Aid Initiative: Can It Gain Traction?
London-based Gulfsands, frozen out of Syria since 2011, is trying to drum up interest in an oil-for-aid plan. Amid memories of Iraq’s notorious Saddam-era program, the initiative has yet to gain traction – either diplomatically, or among other firms with frozen Syrian assets. Could this change?
Syria’s Oil & Gas Infrastructure
NEWS IN BRIEF
Egypt/Syria/Lebanon Gas Deal
24 Jun, 2022
KRG Re-Opens Syria Border
28 Jan, 2022
Syria Oil Spill
3 Sep, 2021
Syria Tanker Attack: Israel Suspected
30 Apr, 2021
Syria Oil & Gas: No Progress
22 Jan, 2021
Syria Gas Pipeline Blast
28 Aug, 2020
Golan Heights Wind Go Ahead
31 Jul, 2020
Syria Awards Iran Block
8 May, 2020
SELECTED DATA
Syria Struggling To Near 100,000 B/D Oil Production ('000 b/d), Almost All Coming From Kurdish Controlled Areas
Syria’s Block 26: Record Production In 2019
Syrian Imports Of Iranian Crude Have Recovered To 84,000 B/D Since 2018 Collapse
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