Tag: Syria
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Gasoline prices in Syria rise by 20% for the second time in 2023
Gasoline prices in Syria recorded an increase of more than 20% at gas stations today, Tuesday, May 23 (2023), which is the second increase during the current year. Late yesterday evening, Monday, May 22, the Syrian government announced a move in the prices of gasoline and domestic gas by rates ranging between 20 and 30…
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Oil production in Syria awaits the return of a British company
The British Gulf Sands Company denounced the “illegal” production of oil in Syria from its fields subject to force majeure 6 years ago, stressing that it has a plan to return again to the country. The company owns a 50% stake in Block 26, as its interests go back to before the war in Syria,…
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Iran abandons Syria and doubles the price of oil exports to it
Tehran doubled the price of Iranian oil exports to Syria, and asked Damascus to pay the value of future shipments in advance, amid the severe fuel crisis in Syria. Officials in Iran informed their Syrian counterparts of an increase in the price of crude that Damascus is buying to more than $70 a barrel from…
