Damage To Syrian Oil Sector Estimated At $2.9Bn
Direct and indirect damage to the Syrian oil industry from the ongoing civil war cost some S£200bn ($2.90bn), Syrian Minister of Petroleum and Mineral Resources Sa’id Hunaidi told the local daily al-Thawra last week. He added that government oil facilities and associated infrastructure sustained losses of some S£5bn ($72.5mn). Oil production declined as a result of the fall in crude exports...
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