Heating oil (247)

28-04-2021

Sales of cement in Syria increased by around 17 percent last year, indicating an increase in construction activity despite the Covid-19 pandemic and a significant drop in the population’s purchasing power.

07-04-2021

Disruptions to oil shipments from Iran, including the recent Suez Canal blockage, have intensified fuel shortages in Syria, paralysing the country’s public transportation system and stoking public anger.

17-03-2021

The Syrian government has offered farmers more than double what it paid for wheat and cotton last year, boosting the incentive for them to sell their harvest to Damascus instead of a rival administration in the northeast of the country.

10-02-2021

Kurdish-dominated authorities in northeastern Syria saw their revenues decline by nearly a fifth in 2020, according to fiscal data published by an independent centre in northeastern Syria drawing on the Autonomous Administration in North and East Syria’s (AANES) 2020 annual report.

10-02-2021

Syria’s oil and gas sector has suffered USD 91.5 billion in losses since the start of the conflict in 2011, the Ministry of Petroleum and Mineral Resources said.

03-02-2021

The Syrian government said this week it was reducing the quantities of subsidised petrol that can be purchased through the country’s smartcard system. A reduction of subsidised gas oil (mazout), which is used widely for heating in winter, was also confirmed.

27-01-2021

The Syrian government has hiked the price of petrol for the third time within a year and the second time in less than six months. Although the increase is more modest than previous price hikes, deteriorating living conditions worsened by rapidly rising prices have already stoked tensions across the country.

20-01-2021

Syria imported oil products worth USD 820 million between July and December last year, the prime minister said, giving a rare insight into a vital sector that is often defined by a lack of transparency.

13-01-2021

Syrians once again find themselves facing long queues at petrol stations as shortages of oil products in the country resume, bringing a few weeks of relative stability to an end. 

16-12-2020

Two new fuel trading companies have emerged in Syria’s northwest, both of which are believed to be affiliated with Hayat Tahrir Al-Sham (HTS), highlighting the hardline Islamist group’s control over the sector.

16-12-2020
25-11-2020

The Syrian government will commission an unnamed contractor to restore turbines at the Aleppo thermal power plant—one of the country’s biggest power plants—in a contract worth EUR 124 million, officials said.

11-11-2020

The Syrian government has fallen short in its expenditure on investments in 2020 so far and intends to generate increased revenues through taxes, according to recent ministry statements reported in local media.

04-11-2020

There has been a significant surge in Iranian oil exports to Syria for the second time this year, according to several reports confirmed last month. The shipments—which mostly came through Syria’s ports, in addition to some smaller land cargoes—were likely delivered in an attempt to help ease Syria’s oil crisis ahead of the winter season.

21-10-2020

The government has doubled the price of fuel oil and increased the price of petrol by 80 percent, a move that will significantly increase prices across the Syrian economy, and reduce both the competitiveness of Syrian manufacturers and the purchasing power of the population.

08-04-2020

The number of Syrians who have tested positive for the Coronavirus has increased to 19, according to the Ministry of Health. Two have died and two have recovered.

17-03-2020

In this 4,000-word factsheet we provide an overview of Syria's renewable energy sector with a list of the main investment projects so far and the text of the renewable energy strategy adopted by the government last year.

04-03-2020

The Ministry of Domestic Trade and Consumer Protection increased the price of petrol (gasoline) on February 29, the second time in a year.

19-02-2020

An article published in a Kurdish media outlet has disclosed some rare data on the budget of the Autonomous Administration of North and East Syria (AANES).

15-01-2020

On December 12, the government announced on its official website that from February 01 it will start selling sugar, rice and tea at subsidised prices through a smart card system.

15-01-2020

Syrian President Bashar al-Assad has reportedly issued laws ratifying three contracts granting the Katerji brothers a strategic role in Syria’s oil distribution sector.

20-11-2019
The full transcript of the interview of Bashar Al-Assad by Russia 24 and Rossiya Sevodnya.

13-11-2019

An explosion at the Banias Refinery last week killed a worker and could impact the distribution of oil products if the damage is extensive.

13-11-2019

The full transcript of the interview of Bashar Al-Assad by Russian TV network, RT.

13-11-2019

The Ministry of Petroleum has rejected demands that it supply more cooking gas to Syrian households at subsidised prices, citing shortages as winter approaches.

06-11-2019

Syrian imports of Iranian crude oil doubled in the six months through the end of September, according to recent data, increasing inventories.

25-06-2019

The market for oil products in Syria has remained stable in the past weeks despite an attack on submarine pipelines linked to the Banias Port.

30-04-2019

A private sector company owned by influential investors has gained a quasi-monopoly on the import into Syria of oil products, highlighting the key role this company plays as the government battles to reduce shortages.

23-04-2019

The shortages of energy products are increasing economic hardship for Syrians and posing various types of economic and public services challenges.

17-04-2019

The Ministry of Petroleum and Mineral Resources has decided to reduce further the petrol it is allocating to individual car owners as shortages harden across Syria resulting in increased pressure on the currency.

16-04-2019

In 2017, for the sixth year in a row, Syria’s gross domestic product declined, although at a slower pace than in previous years, while the government’s contribution fell significantly, official data show.

16-04-2019

A company affiliated with Hayat Tahrir Al-Sham (HTS) has monopolized the distribution of oil in areas under its control and sources its products from Europe.

10-04-2019

As energy shortages get more acute the Syrian government has announced plans for a more severe rationing of petrol and blamed Egypt for preventing Iranian oil supplies through the Suez Canal.

20-02-2019

The Syrian government has allowed the private sector to import liquefied petroleum gas in order to meet a shortage in supply.

24-12-2018

The government has provided new data on Syria's production and trade of oil products as well as on its oil import bill.

06-11-2018

Demand for oil products in Syria appears to have increased by some 20 percent in the space of two years.

13-03-2018

Syria has established a EUR 80 million joint venture with unidentified private sector investors to develop asphalt deposits near Deir-ez-Zor.

27-02-2018

The Syrian government is planning to raise again the price of fertilizers, risking discouraging further agricultural production.

21-11-2017

The opening of a crossing between opposition and regime-held areas in the province of Hama has highlighted the continued economic and trade dependency of the two parties.

02-10-2017

The Government has increased the price of fuel and gas oil sold to industrial concerns and commercial businesses.

12-09-2017

Syria’s consumption of oil products stabilized in past months as regular imports from Iran continued, according to a government official.

30-05-2017

Syria's forecast annual consumption of energy products in volume and value in 2017.

29-05-2017

The Syrian Minister of Petroleum has provided several new numbers on Syria’s oil and gas sector.

23-05-2017

Iran is resuming oil supplies to Syria after a hiatus of several months, a government official has said.

09-05-2017

The tables below provide details on the main clients and suppliers of oil products to Syria in 2009, the last year for which data is available.

04-04-2017

The Syrian government has raised markedly the price of gas oil sold to all commercial concerns and announced a doubling of its oil import deals.

04-04-2017

The Syrian Telecommunications Establishment has announced a sharp increase in broadband subscription rates to meet rising costs.

21-03-2017

The government has announced a sharp increase in the price of fertilizers, a decision that is likely to hit Syria’s agricultural output.

07-03-2017

Syrian manufacturers that are able to pay in foreign currency will be given priority when buying oil products, a rare instance of the government encouraging the use of the dollar in the domestic market.

21-02-2017

As new deliveries of oil products have reduced supply bottlenecks across Syria, a government committee met last week to assess the situation of the local energy market.