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Article: The Energy Base Of Syria:.
- Article from:
- APS Review Downstream Trends
- Article date:
- March 2, 1998
CopyrightCOPYRIGHT 1998 Input Solutions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Syria is shifting rapidly in favour of natural gas as the main source of domestic energy. Its oil reserves are not expanding at the pace necessary to keep up with the twin requirements of meeting local demand and at the same time generating vital hard currency revenues through exports. With a population of 16.5 million growing at a rate of 3.4% per year, the government in Damascus wants to maximise oil export income while concentrating on gas for the country's energy needs.
Syrian oil production capacity of 562,000 b/d, compared to 610,000 b/d in 1995, appears set to decline further in the coming years. Nearly all major producing oilfields in the country had ...