How the U.S. and U.K. Are Redrawing Syria's Energy Map

🌐 Oilprice.com (SY) —
How the U.S. and U.K. Are Redrawing Syria's Energy Map

AI Summary

The U.S. and U.K. signed an agreement with the Syrian Petroleum Company and others to develop new gas fields and expand output within Syria. This reflects a strategic approach by Washington and London to shape Syria's post-Assad energy and political landscape.

The agreement signed last week between the Syrian Petroleum Company (SPC), the U.S.’s ConocoPhillips and Great Britain’s Novaterra ConocoPhillips — covering the development of new gas fields and the expansion of output at existing sites — is the latest move in Washington’s and London’s long?game for shaping Syria’s post?Assad landscape. Rather than repeat the overt, Western?fronted reconstruction model used in Iraq, both countries have opted for a subtler architecture: powerful Arab states, led by Saudi…

Politics Deals Commodities Energy Syria energy sector US UK gas fields Syrian Petroleum Company ConocoPhillips Novaterra

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