Middle East Economic Survey

VOL. L

No 27

2-July-2007

SYRIA

Syria Facing Gas Crunch With Domestic Demand Set To Double

A looming shortage of natural gas, spiraling domestic petroleum product demand and falling crude oil production present a range of serious problems for Syrian Minister of Petroleum and Mineral Resources Sufian 'Alaw. However, in London to present four offshore exploration blocks to international oil companies, Mr 'Alaw was upbeat on prospects for increased downstream investment and...