VOL. XLIII

No. 17

24-April-2000

SYRIA

Syrian Crude Oil Production Continues Downward Trend In 1999

Continuing the trend of recent years, Syrian crude oil production in 1999 fell to 546,000 b/d, compared to 553,000 b/d in 1998 and a peak of 604,000 b/d in 1996, according to the US Department of Energys Energy Information Administration (EIA). The EIA report attributed the decline to "technological problems, depletion of oil reserves and low oil prices." Meanwhile, Syrias domestic oil consumption...