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FINANCIAL NEWS
Syria increases oil production in H1
10 Aug 2010
(MENAFN) SANA reported that the country’s oil production has reached 69.9 million barrels of light crude oil, heavy crude oil and condensates in the first half of 2010, marking an increase of 10,986 barrels from the same period in 2009, SANA reported.
The Syrian Petroleum Company produced 49.7 percent of overall oil production with 34.7 million barrels at the rate of 192,000 barrels per day. Companies working with foreign partners produced the remainder of the 33.5 million barrels.
Syria’s production of natural gas during the first half of 2010 amounted to 4.9 billion cubic meters at the rate of 27 million cubic meters per day. 3.2 billion cubic meters of produced and imported clean gas were delivered to the Ministry of Electricity at the rate of 18 million cubic meters per day, marking an increase of 5.6 million cubic meters per day compared to the same period in 2009.
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