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Ramelan resumes role in Syria's oil

Ramelan resumes role in Syria's oil

The Syrian government and the American company "HKN" have launched a partnership to develop oil fields in Rmelan, northeastern Syria. The goal is to rehabilitate the largest oil fields and increase production from 80,000 barrels per day to 250,000 barrels by 2028. The partnership will last for 25 years and is based on drilling new wells and refurbishing the existing ones, under the supervision of international experts, aiming to enhance production capacity and support the Syrian economy after years of resource depletion. This move marks the first major American investment in the Syrian oil sector since the fall of the Assad regime and signifies the beginning of a new phase to revive the energy sector and boost national revenues.

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