STATUS OF ENERGY IN SYRIA

FAQS about Linthorst energy Syria

What type of energy is primarily used in Syria?

In Syria, most energy is based on oil and gas. Some energy infrastructure was damaged by the Syrian civil war. In the 2000s, Syria's electric power system struggled to meet the growing demands presented by an increasingly energy-hungry society.

Can the oil and gas industry rebuild Syria?

It gives Syria a chance to get back on its feet.” Only the oil and gas industry could generate enough revenue to rebuild Syria, Bell said. He added that the rebel groups currently extracting oil were using “incompetent practices” that were failing to manage oil reservoirs correctly.

Did European companies invest in Syria's oil and gas before sanctions?

Several European and North American companies invested in Syria’s oil and gas before the sanctions. But small independent operator Gulfsands was uniquely specialised, referring to its interests in an area known as Block 26 around Al Hasakah as its “core assets”.

Why is energy demand increasing in Syria?

Energy demand in Syria has been increasing at a rate of roughly 7.5% per year due to the expansion of the industrial and service sectors, the spread of energy-intensive home appliances, and state policies that encouraged wasteful energy practices, such as high subsidies and low tariffs.

How much oil does Syria produce a day?

Bell pointed out that Syria’s oil production had reached around 400,000 barrels a day before 2011 but the figure was now around 80,000 b/d. “In the right legal framework with the right safeguards in place, the sanctions could be amended, for international companies to go back in,” he said.

Are Syrian rebels forming a government of 'unity and inclusiveness'?

This week, Geir Pedersen, the United Nations’ special envoy for Syria, said rebel leaders had issued “reassuring statements” about forming a government of “unity and inclusiveness.” Washington has other economic cards to play.