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02.05.26 - 03:09
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Russia Now Main Supplier Of Oil To Post-Assad Syria, Despite Pivot To West (ZeroHedge)
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Russia Now Main Supplier Of Oil To Post-Assad Syria, Despite Pivot To West
Via The Cradle
Russia has become Syria's leading supplier of oil since the collapse of former Syrian president Bashar al-Assad's government and the rise to power of former Al-Qaeda chief Ahmad al-Sharaa, according to Reuters.
Shipments of Russian oil have risen by 75 percent this year to roughly 60,000 barrels per day (bpd), based on Reuters calculations using official data and vessel tracking from LSEG, MarineTraffic, and Shipnext.
Getty Images
While these volumes account for only a small fraction of Russia's total global oil exports, they are significant for Syria. With domestic production still well below demand, Russian supplies have made Moscow the country's leading crude provider.
According to two analysts and three Syrian officials cited by Reuters, the trade is driven by economic necessity in Damascus while also allowing Moscow to maintain influence in Syria.
The energy supplies risk complicating Syr...
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03.04.26 - 05:42
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Iraq Revives Syria Land Route, Post-Assad, To Export Oil To Europe (ZeroHedge)
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Iraq Revives Syria Land Route, Post-Assad, To Export Oil To Europe
Via Middle East Eye
Iraq has restarted overland oil exports through Syria, marking a significant shift in regional energy logistics as the US-Israeli war on Iran continues to wreak havoc on traditional shipping routes through the Strait of Hormuz.
Ali Nazar, director general of Iraq's state oil marketer Somo, said on Wednesday that the company had agreed to export 50,000 barrels per day of Basra medium crude via Syria to the Mediterranean, with plans to increase volumes. The crude will reach European markets through the Syrian port of Baniyas.
AFP/Getty Images
Syria's state news agency SANA reported that fuel convoys had begun entering the country through al-Tanf crossing, signalling what it described as a renewed role for Syria as a transit hub. The Syrian Petroleum Company said it would store the shipments before transferring them to Baniyas for export.
Safwan Sheikh Ahmad, the company's communications director, sai...
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19.01.26 - 13:36
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Kurds Withdraw From Syria′s Largest Oil Field As Jolani Forces Move In (ZeroHedge)
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Kurds Withdraw From Syria's Largest Oil Field As Jolani Forces Move In
via Middle East Eye
Kurdish-led forces pulled out on Sunday from Syria's largest oil field as government troops expanded their control across large parts of the country's north and east.
Government troops drove Kurdish forces from two Aleppo neighborhoods following clashes last week, and on Saturday announced they had captured an area east of the city, as well as Tabqa, in Raqqa province, on the southwestern bank of the Euphrates.
via AFP
At dawn on Sunday, the Kurdish-led Syrian Democratic Forces (SDF) withdrew "from all areas under its control in the eastern Deir Ezzor countryside, including the al-Omar and Tanak oil fields", the Syrian Observatory for Human Rights reported.
Al-Omar is the country's largest oil field, and was home to the biggest US base in Syria.
The Kurds' reported withdrawal there follows the government's announcement that it had retaken two other oil fields, Safyan and Al-Tharwa, in...
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19.11.25 - 10:42
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Syria Has Put A Big Western Flag In Its Gas Patch, Less Than Year After Assad Overthrow (ZeroHedge)
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Syria Has Put A Big Western Flag In Its Gas Patch, Less Than Year After Assad Overthrow
Authored by Julianne Geiger via OilPrice.com,
Syria has just put a big Western flag in its gas patch. The state-owned Syrian Petroleum Company has signed a memorandum of understanding with ConocoPhillips to develop existing gas fields and hunt for new ones, in a bid to drag the country's power sector out of wartime ruin. Damascus says the deal could lift gas output by 4–5 million cubic meters per day within a year from today's battered base.
That target is not trivial. Syria's domestic gas production has collapsed from 8.7 bcm in 2011 to about 3 bcm in 2023. On a rough cut, that's around 8 mcm/d today; hitting the ministry's ambition would mean boosting volumes by roughly 50–60% if everything shows up on time and on spec.
The pitch is straightforward: more gas into the grid, fewer blackouts, and less reliance on emergency molecules from Azerbaijan and Qatar flowing via regional deals and the Arab G...
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