Middle East Economic Survey

VOL. LII

No 26

29-Jun-2009

syria

Syria’s 'Alaw Says Five IOCs Were Close To Signing PSCs Last Year 

Syria was on the verge of finalizing five production sharing contracts (PSCs) with international oil companies (IOCs) when the world financial crisis erupted and the oil market crashed, according to Syrian Minister of Petroleum and Mineral Resources Sufian 'Alaw. The minister said in an interview with the weekly al-Khabar, carried on the...