Syria’s oil and gas sector has suffered indirect and direct losses totalling USD 107.10 billion from the start of the uprising in 2011 until mid-2022, according to the Ministry of Foreign Affairs and Expatriates. Meanwhile, the Ministry of Petroleum provided a breakdown of oil and gas production during the first half of the year
Low water levels are straining Syria’s agricultural sector and forcing Syrians to face rising prices and water-borne diseases as the country endures a severe and long-term drought, according to various reports and statements.
President Bashar Al-Assad and his family made their first visit to the Aleppo governorate since the beginning of the 2011 conflict. They met with several economic, social, and religious figures, participated in social engagements, and visited various infrastructural projects, including the Aleppo Thermal Power Plant, which Iran's MAPNA Group recently rehabilitated.
For nearly a month, the Fourth Division of the Syrian Army and the Syrian Democratic Forces (SDF) of the Autonomous Administration in North and East Syria (AANES) have imposed mutual sieges on one another, further impacting the economic situation in these areas.
The following is an interview conducted by The Syria Report with John Bell, the managing director of Gulfsands Petroleum, a London-based oil and gas company that is the operator and joint-owner of Block 26 in northeast Syria. Among other things, this interview sheds light on sanctions, the potential production and revenues of Block 26, and illegal production by SDF and its affiliated oil companies. It also reveals how early recovery has become an increasingly prevalent framework through which companies and organisations re-frame their activities in Syria in an effort to be exempted from sanctions.
Turkey has nearly completed building a concrete wall along its border with Syria, while Iraq has launched work to build a concrete border of its own.