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Syria plans 5M m³ daily gas boost

Syria plans 5M m³ daily gas boost

Syria is heading towards increasing its natural gas production by 4 to 5 million cubic meters per day within a year, aiming to improve the efficiency of the energy system and strengthen electricity supplies. A contract has been signed with ConocoPhillips and Novaterra Energy to develop gas fields and boost production, with the two companies receiving shares of 56% and 44%, respectively. The agreement seeks to rehabilitate existing mines and enhance foreign investments in the Syrian gas sector.

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