Middle East Economic Survey


No 34



'Alaw Expects Syrian Oil Production To Average 300,000 B/D For Next 40 Years

Syria expects to be able to produce an average of 300,000 b/d of oil over the next 40 years, the Syrian Minister of Petroleum and Mineral Resources Sufian 'Alaw told the daily Teshreen last week. The minister said that out of a total crude oil output of 380,000 b/d in 2008, the governments share amounted to 300,000 b/d, with the remainder going to foreign...