Syria

Amman confirms its grid readiness to supply Syria during off-peak hours, pending completion of Syrian infrastructure.
ACWA Power has signed an agreement with the Syrian Ministry of Energy to assess up to 2,500 MW of solar, wind and storage projects, along with a technical audit of the national grid and existing infrastructure.

Uranium traces detected in Syria at site linked to former Israeli airstrike

The International Atomic Energy Agency has identified uranium particles of industrial origin in samples taken from a Syrian site suspected of hosting an undeclared nuclear reactor.
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Baghdad and Damascus intensify discussions to reactivate the 850 km pipeline closed since 2003, offering a Mediterranean alternative amid regional tensions and export blockages.
Turkey has begun supplying natural gas from Azerbaijan to Syria, marking a key step in restoring Syria’s energy infrastructure heavily damaged by years of conflict.

Saudi Arabia and Syria launch a strategic agreement for regional energy cooperation

The governments of Saudi Arabia and Syria conclude an unprecedented partnership covering oil, gas, electricity interconnection and renewable energies, with the aim of boosting their exchanges and investments in the energy sector.
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Turkey has connected its gas grid to Syria’s and plans to begin supplying gas for power generation in the coming weeks, according to Turkish Energy Minister Alparslan Bayraktar.
After several months of interruption following a major political upheaval, Syria's Banias refinery has shipped its first cargo of refined products abroad, marking a partial revival of its energy sector.

Syria signs $7bn energy deal with foreign partners

Syria has signed a $7bn agreement with a consortium of companies from Qatar, Turkey and the United States to rebuild its national power sector.
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Qatar has started supplying natural gas to Syria via Jordan in order to alleviate electricity shortages and support the rebuilding of the country's energy infrastructure.
The United Kingdom has removed 24 Syrian entities from its sanctions list, including the Central Bank, allowing for the resumption of financial and commercial activities. This decision forms part of a broader trend of easing restrictions on Syria.

The European Union Begins Gradual Lifting of Energy Sanctions on Syria

After over a decade of restrictions, the European Union is beginning a gradual and conditional lifting of sanctions on Syria’s oil, gas, and financial sectors. A strategic move to support the country's reconstruction after the fall of the Assad regime.
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Qatar announces technical assistance to restore essential infrastructure in Syria, severely affected by years of conflict. This aid includes an energy contribution as well as support for the electricity sector, which is undergoing restructuring.
Turkey Provides 58 GW of Electricity to Northern Syria in 2024

Turkey Deploys Energy Mission to Rebuild Syria

Turkey sends a delegation to Damascus to assess energy infrastructure and accelerate Syria's reconstruction after the fall of Bashar al-Assad.
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The Organization of the Petroleum Exporting Countries (OPEC) adjusts its monthly forecasts, predicting a downward revision in global oil consumption for 2024 and 2025 while highlighting the critical role of non-OECD economies.
The collapse of Bashar al-Assad's regime has prompted reactions in oil markets, with a moderate rise in prices. The geopolitical implications for the region and their effects on energy supplies remain uncertain.

Fall of the Assad Regime: Limited Impacts on the Global Oil Market

The fall of Bashar al-Assad's regime in Syria marks a regional political shift, but its impact on the oil market remains minimal due to the country’s drastically reduced production and exports since 2011.
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Iraqi Kurdistan continues to increase its oil production despite restrictions from Baghdad, which is trying to comply with OPEC+ quotas and attract US gas investment to diversify its energy sources.
Iraq acknowledged that it had produced 184,000 barrels per day (b/d) above its OPEC+ quota in June, and pledged to offset this surplus by September 2025 through further production cuts.