Middle East Economic Survey

VOL. XLVIII

No 42

17-October-2005

SYRIA

Syria And Turkey Consider Setting Up Joint Oil Company

Syria and Turkey are studying the possibility of drawing up a memorandum of understanding to establish a joint venture oil exploration company between the Syrian Petroleum Company and an unnamed Turkish oil company which will invest in both countries, the Syrian Deputy Prime Minister for Economic Affairs, 'Abd Allah al-Dardari, said during a visit to Turkey earlier this month....