, 9 tweets, 2 min read
🇸🇾Trump wants to protect the oil in #Syria? What's oil&gas in Syria.
Quick <THREAD>
1/8
Quick overview of the fields set up. Syria has gas fields and oil fields.
2/8
Estimated Syria's proved reserves of oil at 2.5 billion barrels as of January 1, 2015, a total larger than each of Syria's neighbors except for Iraq. Prior to sanctions, European refineries were the target marketbecause they were configured to process heavy, sour oil.
3/8
OIL topped 680.000 barrels / day production in 2002, with roughtly 400.000 bpd for exports.
GAS topped 0.8 Mrd CuFt / day in 2010, 100% for domestic usage
4/8
Syria also has shale oil resources,estimated of reserves in 2010 as 50 billion tons according to Syrian government sources. The Syrian government delayed a bid for the country's shale resources, scheduled for November 2011,because of the political situation in the country. 5/8
Syria has 2 refineries, Homs & Banias. The combined capacity in 2015 was 240,000 b/d. With damage to pipelines and other infrastructure Syrian officials claim that the country's actual refining capacity now is closer to 50% of its pre-war capacity
6/8
It is likely that Iran continues to supply Syria with crude oil and refined products.
7/8
Syria's natural gas sector has not been affected quite as severely by the ongoing conflict as its oil sector, although dry natural gas production is down by at least 40% compared with pre-conflict totals.
8/8
One last thing. No need to be a king of international law to know that US oil companies cannot take possession of this.
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