The takeover of major oilfields by the Syrian government from Kurdish forces is expected to help Damascus boost its oil revenue and reduce imports. The repair of damaged energy infrastructure and improvement in security is key to attracting investment, analysts say.
βFor the Syrian government, regaining control of oil and gasfields is positive news,β Noam Raydan, a senior fellow at The Washington Institute, told The National.
βThese assets were important for different players in the Syrian war over the past several years, including the Assad regime as well as ISIS β¦ in providing revenue and electricity.β
In a sweeping offensive last week, Syriaβs military reclaimed the countryβs main energy-producing
Continue Reading on The National UAE
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.