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Syria Restarts Extracting Oil at Recovered Fields
(MENAFN) Syrian oil extraction has restarted at northeastern facilities recently seized back from Kurdish-led forces, state media reported Saturday.
A Syrian Petroleum Company representative confirmed that extracted crude will be shipped to processing plants in Baniyas and Homs—situated in northwestern Tartus province and central Homs province respectively.
Daily production from these installations is projected to hit approximately 100,000 barrels within a four-month timeframe, according to the official, potentially strengthening the nation's energy infrastructure and economic stability.
The handover follows a January 18 ceasefire and integration pact between Damascus's interim government and the Syrian Democratic Forces (SDF). The agreement halted fighting while addressing persistent administrative and security tensions across northern territories. It grants the capital authority over all northeastern petroleum and natural gas installations, with Syrian troops now safeguarding these assets.
Officials stated the reclaimed installations have been transferred to the Syrian Petroleum Company for restoration work and production resumption.
Prior to the 2011 crisis eruption, the country's petroleum output reached maximum levels around 400,000 barrels daily. Since then, production has plummeted drastically—devastated by armed conflict, international sanctions, and infrastructure destruction—dropping to between 25,000 and 50,000 barrels per day in recent periods, media noted.
A Syrian Petroleum Company representative confirmed that extracted crude will be shipped to processing plants in Baniyas and Homs—situated in northwestern Tartus province and central Homs province respectively.
Daily production from these installations is projected to hit approximately 100,000 barrels within a four-month timeframe, according to the official, potentially strengthening the nation's energy infrastructure and economic stability.
The handover follows a January 18 ceasefire and integration pact between Damascus's interim government and the Syrian Democratic Forces (SDF). The agreement halted fighting while addressing persistent administrative and security tensions across northern territories. It grants the capital authority over all northeastern petroleum and natural gas installations, with Syrian troops now safeguarding these assets.
Officials stated the reclaimed installations have been transferred to the Syrian Petroleum Company for restoration work and production resumption.
Prior to the 2011 crisis eruption, the country's petroleum output reached maximum levels around 400,000 barrels daily. Since then, production has plummeted drastically—devastated by armed conflict, international sanctions, and infrastructure destruction—dropping to between 25,000 and 50,000 barrels per day in recent periods, media noted.
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