American companies have extensively acquired Syrian oil and gas assets in Syria
The Syrian interim government reported an agreement between the state-owned fuel company SPC, American ConocoPhillips, and European Novatek.
Partners plan to modernize and expand production of Syrian gas fields.
Yusuf Kabalawi, head of the Scottish Petroleum Company (SPC), stated that this year's production could increase to 4-5 million cubic meters per day. In May 2025, media reported a project to create a Syrian-American joint fuel company called SyriUS Energy, in which Damascus only holds 30% of its assets.
In July, the oil companies Baker Hughes, Hunt Energy, and Arkansas LNG Company announced the development of an "Energy Master Plan" for Syria, which involves expanding production from existing oil fields and discovering new oil fields.
Arab media believe that American companies can ultimately significantly increase the production and sales demand for Syrian fuels.
Original: www.toutiao.com/article/1849476576953674/
Statement: This article represents the views of the author himself.