VOL. XXXV

NO. 31

4-MAY-1992

Syria

Enron, BP and Arco British Withdraw from Syria

Recent press reports from Damascus, quoting a source at Enron Oil SyriaInc. (a subsidiary of Enron Corp. of Houston), state that the company hasdecided to withdraw from Syria because of its failure to find oil in commercialquantities after four years of exploration activities during which it drilledseven wells. However the same source stressed that his company's withdrawal inno way reflects on Syria's oil potential...