Middle East Economic Survey


No 33



SPCs Production Averages 193,000 B/D In First Half 2007

The Syrian Petroleum Company (SPC) produced 35mn barrels of crude oil (an average of 193,370 b/d) in the first half of 2007, the Ministry of Petroleum and Mineral Resources announced last week. Heavy crude accounted for some 32mn tons and the company exported 2mn tons of heavy crude and 1mn tons of light. Total Syrian production by SPC and its partners is projected at 380,000 b/d...