Syria partners with US firms on gas sector

The Syrian Petroleum Company signed a contract with ConocoPhillips and Novatera, two American companies, to develop the gas sector in Syria and increase production. The goal is to support the energy system and meet the needs of electricity and other vital sectors. This contract is the largest Syria has signed since the new administration took power, and it comes within Damascus's efforts to boost foreign investments, as the country aims to reach an oil production of one million barrels per day by 2030. This follows a series of memoranda with international companies to ensure the recovery and management of the country’s oil and gas fields.

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