Oil, Gas & Mining

The U.S. Administration is continuing its clampdown on Syria’s oil supply networks, highlighting the crucial role Iranian oil is playing in propping up the Syrian regime and the meaningful consequences on both the economy and regime any disruption of these supplies would cause.
The production of phosphate during the first nine months of the year appears to be well below the proclaimed targets of the government.
Demand for oil products in Syria appears to have increased by some 20 percent in the space of two years.
A new gas well near the town of Deir Attiyeh, north of Damascus, started production this month, according to the Ministry of Petroleum and Mineral Resources.
In an update on its operations, the Syrian Petroleum Company says that various oil fields restarted production this year across the country.
Government sources have confirmed Syria’s current output of crude oil and that most oil is still supplied through tankers.
A new gas well near the town of Qara, north of Damascus, started production this month, according to the Ministry of Petroleum and Mineral Resources.
The Ministry of Petroleum is negotiating over several oil and gas exploration contracts with countries allied to the regime, an executive from a state-owned company said.
Production has restarted at a relatively important oil field with an American military base in the Deir-ez-Zor area.
A Russian company will invest dozens of millions of dollars in a phosphate washing plant, representing the largest private investment in Syria since 2011, despite the controversy surrounding the deal.
Moscow has confirmed that several Russian companies had begun operating in Syria’s energy sector.
Syria has confirmed that it has granted Iran the right to develop its phosphate reserves.
The government inaugurated last week a gathering station near Qara that adds new production to Syria’s gas sector.
A delegation from an oil-rich Russian autonomous region has signed a framework agreement with the Homs governorate.
A British petroleum company has confirmed that oil continues to be extracted from its fields in northern Syria despite western sanctions.


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