SYRIA

Syria Approves Statutes Of New Petroleum Company

The Syrian Ministry of Economy and Trade on 26 January approved by decree the byelaws of a new limited liability oil company to be established by Syrian interests. Treasures Petroleum LLC, as its will be known, will engage in exploration, production, refining, marketing and distribution of oil and gas according to the company’s statutes. The new company will provide all services related to development of oil and gas fields and...