Heating oil (210)


Syria has established a EUR 80 million joint venture with unidentified private sector investors to develop asphalt deposits near Deir-ez-Zor.


The Syrian government is planning to raise again the price of fertilizers, risking discouraging further agricultural production.


The opening of a crossing between opposition and regime-held areas in the province of Hama has highlighted the continued economic and trade dependency of the two parties.


The Government has increased the price of fuel and gas oil sold to industrial concerns and commercial businesses.


Syria’s consumption of oil products stabilized in past months as regular imports from Iran continued, according to a government official.


Syria's forecast annual consumption of energy products in volume and value in 2017.


The Syrian Minister of Petroleum has provided several new numbers on Syria’s oil and gas sector.


Iran is resuming oil supplies to Syria after a hiatus of several months, a government official has said.


The tables below provide details on the main clients and suppliers of oil products to Syria in 2009, the last year for which data is available.


The Syrian government has raised markedly the price of gas oil sold to all commercial concerns and announced a doubling of its oil import deals.


The Syrian Telecommunications Establishment has announced a sharp increase in broadband subscription rates to meet rising costs.


The government has announced a sharp increase in the price of fertilizers, a decision that is likely to hit Syria’s agricultural output.


Syrian manufacturers that are able to pay in foreign currency will be given priority when buying oil products, a rare instance of the government encouraging the use of the dollar in the domestic market.


As new deliveries of oil products have reduced supply bottlenecks across Syria, a government committee met last week to assess the situation of the local energy market.


Oil supplies are resuming across Syria after weeks of severe shortages, although the economic and political consequences will likely be felt for a long time.


The suspension of Iranian supplies of oil products is forcing the Syrian government to import large volumes from other countries and to open import trade to the private sector as severe shortages impact most of the country.


A new government report has cast doubts on the actual level of oil production in Syria.

According to the Syrian government, the cost of paying at market price the fuel oil and natural gas needed to feed its power plants would stand at 575 billion pounds next year, the equivalent of a fifth of its budget.

Syria's inflation rate was mostly stable in March and April, the last two months for which data are available, the government's statistical body has said.


The Aleppo siege has led to a surge in prices, reports from the city indicate.


The volume of wheat bought by the Syrian Government from its farmers this year is likely to be even smaller than last year’s record low level, meaning large amounts will need to be purchased from private sector traders or imported.


These three tables provide the official prices of heating oil (mazout), gasoline and cooking gas in Syrian pound and dollar since the beginning of the uprising.


The Syrian Government’s decision to impose a sharp rise in the price of oil products has been met by wide complaints in regime-held areas, which seem to reflect the exhaustion of the population.


Syria’s production of oil and gas continued its decline in the first quarter of this year, according to the Ministry of Petroleum and Mineral Resources.


The table below lists all the Syrian companies contracted by UN agencies in 2012. The data include the name of the companies, the subject of the contracts and their value.


The table below lists all the Syrian companies contracted by UN agencies in 2011. The data include the name of the companies, the subject of the contracts and their value.


Only weeks after the enactment of the 2016 budget, the Government has already ordered a sharp decline in planned expenses.


Iran’s delivery of crude oil to Syria has helped stabilise the supply of oil products to the market, whiles strikes by the U.S.-led coalition have increased the losses of the country’s oil industry, the Minister of Petroleum has said.


Every week, decisions issued by the Government are confirming the financial strains the Syrian authorities are facing.


Only weeks after it increased the salaries of civil servants, the Government is raising the price of various products and doubling income tax rates on salaries.


The Syrian government has increased the cost of tap water and is reportedly planning to reduce subsidies on bread.


A decree issued by the Syrian President on Eid Al-Adha has increased the monthly salary of all civil servants and armed forces members by 2,500 Syrian pounds.


A fortnight after increasing the price of gasoline and kerosene, the Syrian Government has hiked the price of heating oil.


The Syrian Government has increased for the second time in two months the price of gasoline and kerosene.


Syria’s production of oil, gas and phosphate remained mostly stable in the second quarter of this year, according to official data, in spite of the loss of various fields and mines to ISIS last Spring.


The prices of gasoline and fuel oil have been increased again in Syria on the back of rising global prices and a falling currency.


The Syrian Government has increased the price of bread, heating oil, fuel oil and cooking gas to levels that effectively largely reduce its subsidies bill but also dent further the purchasing power of the population, in spite of a partial compensation for wage earners.


The US Treasury has put under sanctions 11 new individuals and companies located in four different countries for supporting the Syrian Government purchase oil products.


Except for use by local transport companies and bakeries, as well as for heating purposes, all oil products are now sold at market price in Syria.


While the results of the visit last week to Tehran of Syrian Prime Minister Wael Halqi are not yet clear, the growing dependency of Damascus on its ally is increasingly obvious.


The Syrian government has liberalised the price of gas oil for one additional category of users, creating more confusion in the market.


In an unprecedented move, the Syrian Government has offered to use its two refineries to process crude oil for private investors, as it seeks to meet rising shortages of oil products.


Syria’s Kurdish regions are producing an average of 40,000 barrels of crude oil per day, according to a report in the Wall Street Journal.


Data from the Ministry of Petroleum seem to indicate that Syria’s imports of oil products stood at around 124,600 barrels per day during the first nine months of the year.


The Government has allowed manufacturers to import used power generators to make up for the rising electricity shortages.


The Syrian government has raised to world market levels the price of gas oil and fuel oil sold to manufacturers, effectively ending all subsidies on this segment of the market.


The Government has allowed the private sector to import gas oil and fuel oil for the benefit of manufacturing companies as it seeks to alleviate shortages in the market.