Middle East Economic Survey

VOL. LIV

No 41

10-Oct-2011

syria

Gulfsands Syria Production Hit Further By Ministry Restriction

Following an order from the Syrian Ministry of Oil last month to reduce production from Block 26 due to reduced storage capacity available in the country, Gulfsands Petroleum has reported that output is now running at one-quarter of the level before international sanctions against Syria halted exports. According to a statement released on 6 October, Block 26 gross...