Syrian Petroleum Plans to Boost Production to 800K Bpd

The CEO of the Syrian Petroleum Company announced that Syria plans to increase oil production to 800,000 barrels per day, in conjunction with the construction of a large refining complex to replace the old refinery in Homs. Work has also begun on building four small refineries with capacities ranging between 120,000 and 150,000 barrels per day, aimed at boosting oil production and meeting both domestic and global demand. Syria is moving toward improving its oil infrastructure to increase output and reduce reliance on imports, amidst changing conditions in the global oil market.

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