WPB: Turkey has expressed a desire to play a role in rebuilding Syria’s oil and gas industry, according to remarks made by Turkey’s energy minister.
In a recent statement to the press, Alparslan Bayraktar revealed that Turkey is actively working to support Syria’s electricity infrastructure and is exploring opportunities to extend its involvement to oil and natural gas.
“We are evaluating ways to utilize crude oil and natural gas for Syria’s reconstruction,” Bayraktar stated. “Our aim is to propose how we can contribute to these efforts and move these projects forward.”
Bayraktar also mentioned potential plans to establish new oil and gas pipeline connections between the two countries.Syria has been grappling with challenges in its energy sector due to U.S. sanctions and ongoing conflicts with rebel factions. Previously, its main crude oil suppliers were Iran and Iraq. However, after the recent ousting of the Assad government, Iranian oil shipments to Syria have ceased. Reports indicate that one tanker even reversed course before reaching Syria following the regime change.
Iran had been supplying approximately 60,000 barrels of crude oil daily to Syria. Meanwhile, Syria’s domestic production, primarily from fields in the eastern region under the control of the Kurdish-led Syrian Democratic Forces, stands at roughly 80,000 barrels per day.Iraq, too, has stopped its oil deliveries to Syria as of early December, according to an Iraqi parliament member.
Syria had relied on around 120,000 barrels per day of crude imports from Iraq, and this suspension has left the country facing a significant shortfall.The situation has been further complicated by the disruption of internal crude transfers from eastern Syria to areas controlled by the Hay’at Tahrir al-Sham group, formerly considered a terrorist organization and previously linked to Al Qaeda during the Syrian civil war.
By WPB
Oil, Gas, Petroleum, Bitumen, Market, Price
