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ConocoPhillips is preparing to sign a contract with the Syrian government to revive gas production, making it the first major American oil and gas company to cooperate with Damascus since the fall of Bashar Assad's regime. The agreement involves developing existing gas fields and exploring new ones, with the goal of increasing production by 4 to 5 million cubic meters per day within a year, following the signing of a memorandum of understanding in November 2025. This collaboration is part of Syria’s efforts to address its energy crisis, which has been worsening since 2011, aiming to boost production and improve electricity supply over time.
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