Oil, Gas & Mining
Syria's General Company for Phosphate and Mines (GCPM) produced a total of 2.315 million tons last year.
Syria held in mid-December the largest oil and gas seminar it has organised in years.
The Qatar Petrochemical Company (Qapco) inaugurated in Tartous Free Trade Zone the opening of a representative office there.
Syria's production of phosphate has reached 2.067 million tonnes at the end of October.
Ibrahim Haddad, Syria's minister of oil and mineral resources, was early November in Cyprus to push forward Syria's bid to supply Cyprus with its energy needs.
Croatia's INA Naftaplin has made a significant discovery of natural gas fields in Syria.
The Syrian General Company for Phosphate and Mines has so far this year exported 1.5 million tons of phosphate worth 1.38 billion Syrian pounds (US$208 million), reported Zawya.
Petrofac Resources International (PRI) Ltd, an oil engineering, construction and equipment company, has sold its rights in three gas and oil exploration blocks it is bidding for in Syria to Stratic Energy Corporation, a Canada-based firm.
The building of a gas pipeline between the Syrian port of Banias and Cyprus will depend on the development of the regional gas grid which will eventually link Egypt to Syria, a Cyprus government source told Reuters.
The Syrian government is projecting to establish a national gas company which would be in charge of managing the country's developing gas sector.
Syria and Sudan signed on October 12 a technical and scientific cooperation agreement to jointly develop their oil, gas and other mineral resources.
Syria and Russia have agreed to build together a triple super phosphate plant, according to Teshreen.
Syria is to offer for tender the development of a major gas field which is expected to draw up to USD800 million in investments.
Shell Syria has appointed a new country chairman, Chris Haynes.
Damascus International Fairground
6th Damascus Insurance Forum
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