Phosphate (188)


Al-Furat Petroleum Company, once Syria’s largest oil company, has announced the rehabilitation of new wells west of the Euphrates River.


The two tables below list the Russian companies involved in Syria since the beginning of the Russian military intervention in the country in September 2015.


The Syrian parliament ratified on December 16 three oil contracts signed between the government and two Russian oil companies.


Russia’s Stroytransgaz, which has several investments in Syria, is being increasingly criticised for its practices and performance, including recently by a member of parliament.


Data on Syria's reserves of minerals and non-metallic ores.


A Syrian state entity has announced that it will begin bartering phosphates for equipment and repair services as it finds itself incapable of paying foreign suppliers.


Various visits and meetings held by Iranian and Syrian officials over the past two months have highlighted the lack of meaningful progress in their economic relations.


The minister of petroleum has provided a new update on the oil, gas and mining sectors.


Al-Furat Petroleum Company said that by the end of the first quarter of this year it had lost some USD 14.55 billion from the Syrian conflict.


The Ministry of Petroleum and Mineral Resources is seeking to maximise the procurement of oil from the eastern region as it continues to look for alternative sources to meet shortages.


The General Establishment of Geology and Mineral Resources (GEGMR) has asked the Ministry of Economy and Foreign Trade to stop imports of salt following an increase in domestic production.


Contracting; building materials trading; services in the phosphate and oil services including well drilling


After taking control of the phosphate mines and the port of Tartous, Russia is now eyeing the Damascus International Airport.


The Syrian minister of transport has given more details on the Tartous deal with Russia, partly to deflect strong criticism coming from loyalists.


Syria is set to handover to Russia the commercial port of Tartous, another major economic asset Damascus is giving away.


The details of the Syrian budget, which we publish this week, shed some light on the government expenditure structure, but also on some misleading numbers.


Stroytransgaz is formally taking charge of Syria’s fertilizers production complex in Homs.


In this article The Syria Report addresses key issues raised in the debate over western sanctions on Syria and makes a number of policy recommendations.


Rostec, one of the largest Russian conglomerates, has said that it was looking for opportunities in the Syrian market.


Updated on January 23, 2019 - An explanation for the decline in revenues has been added.

Data from Syria’s two main ports indicate a small increase in their traffic last year.


Official data confirm the poor state of state-owned industries and, beyond, of various business sectors in the country.


The production of phosphate during the first ten months of the year appears to be well below the proclaimed targets of the government.


A Russian company has taken control of Syria’s only fertilizer plant under a long-term deal that sees the entire fertilizers supply chain fall outside Syrian hands.


The volume of containers handled by the Lattakia Port increased in the first nine months of this year, official data show.


The government’s Reconstruction Committee has provided a list of the rehabilitation projects that are planned for this year.


Russian Railways, a state entity, has said that it was looking for opportunities to develop Syria’s railway network and infrastructure.


The Ministry of Petroleum is negotiating over several oil and gas exploration contracts with countries allied to the regime, an executive from a state-owned company said.


A Syrian Government entity has listed a number of projects it wants to offer to private investors under public private partnership deals, although it is unlikely to have much success.


Iran is taking half of the already meagre revenues the Syrian government receives from phosphate extraction to pay for the debt owed by Damascus, a quasi-official media is reporting.


A Russian company will invest dozens of millions of dollars in a phosphate washing plant, representing the largest private investment in Syria since 2011, despite the controversy surrounding the deal.


Moscow has confirmed that several Russian companies had begun operating in Syria’s energy sector.


Russia is set to take hold of Syria’s large fertilizers complex near Homs, an opposition media has reported.


Syria has confirmed that it has granted Iran the right to develop its phosphate reserves.


Syria’s gross domestic product fell in 2016 to a fifth of its pre-uprising value according to official statistics released for the first time.


A delegation from an oil-rich Russian autonomous region has signed a framework agreement with the Homs governorate.


Additional details have surfaced on the agreement signed last year between the Syrian government and Russia’s Stroytransgaz to develop phosphate mines near Palmyra.


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


Syria has signed a “roadmap agreement” with Russia to build some 2,650 MW of new power plants and turbines, despite the fact that there is no money to pay for these projects, which are worth more than EUR 2 billion.


Syria’s two main ports of Tartous and Lattakia witnessed increased activity in 2017 on the back of growing imports.


Syria’s oil and gas production increased noticeably this year, but output still remains very low and is unlikely to increase by much in the near future.


Iranian media are reporting increasing concerns that their companies will be squeezed out from the Syrian market by Russia, which is itself pressing for Damascus to repay its debts.


Syrian and Russian investors will meet in the next few weeks to discuss joint investment opportunities.


Russia is increasingly clear about its intentions to acquire economic assets in Syria and capitalize on its military and political support to the regime to generate financial returns.


A Russian official has expressed what is the bluntest statement to date on Russia’s ambition to get hold of as much of Syria’s energy and other economic resources as possible.


A Russian state entity has signed an agreement to develop Syrian oil, gas and mining assets, confirming Moscow’s increasing appetite for Syria's underground resources.


Despite losing billions in the past years, Syria’s transport sector can still rely on its infrastructure that is mostly functioning.


Russian investors are increasingly eyeing Syria’s land and real estate properties, which are among the few valuable assets the Syrian regime can still hand over to its cronies and allies.


A government report has provided additional information on Syria’s phosphate sector.