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  1. Syria To Lease Tartous Port To Russia

    ...Damascus is set to lease Tartous seaport on the Mediterranean to Russia for 49 years, Russia’s deputy prime minister said following a meeting with Syrian President Bashar al-Assad,  Russia’s TASS reported this week. The 49-year lease for “economic uses” follows a 2017 deal that saw Moscow ba...

    Volume: 62
    Issue: 17
    Published at Fri, 26 Apr 2019

  2. KRG: Shewashan Production Suspended

    ...oducing a mere 1,000 b/d last year before production was halted altogether. The main culprit was water-cut issues which also saw output phenomenally collapse at nearby Taq Taq (MEES, 31 March 2017). Despite the disappointing news, the KRG’s recovering oil sector has cause for considerably optimism: MEES fo...

    Volume: 62
    Issue: 17
    Published at Fri, 26 Apr 2019