Thanks for low prices of petroleum products …. Mahroukat gains about 6 BSP. during the first quarter of this year
Total quantity sold by the company during the first quarter of 2009 from the white derivatives was (2,245) million cubic meters, equivalent to … (1.835) million tons of petroleum products of (different kinds of gasoline and kerosene, fuel,).
The total oil produced in Syria during the first quarter of this year has reached to 34.2 million barrels, the rate of production of 379 thousand barrels per day with 2451 barrels per day, up from the first quarter of last year.
Digging processes is continued in old Souqe al-Hal in Lattakia in Lattakia well 4, where as the depth reached up till now to 2760 meters.
Ali Merei chief of oil worker union in Damascus stressed on the necessity of oil companies to depend on national expertise by
Syrian Gas Company and the companies operating in Syria implemented their annual plans production in 2008 with high ratio by treating (6.845.591.000) cubic meters of gas compared to the amount of planned (6.089.264.000) cubic meters in gas treatment plants in Syria, by the implementation of 112.4%.
5251324 cubic meter of gas have been treated compared to the amount of raw planned 4688575 thousand cubic meter of gas processing plants in Syria by the implementation of 112%, including the amount of 4592261 cubic meter of gas compared to the amount of raw planned 4147898cubic meter in the Syrian factor gas company by the implementation of 110%.
Syrian and Chinese governments signed Convention on new framework to provide a soft loan worth 28 million$ to finance a project about the purchase of equipment and rigs for the Syrian Oil Company.
Iraqi economist showed his enthusiasm for the near start of rehabilitation of the oil pipeline, which was carrying Iraqi oil to the Syrian port of Banias on the Mediterranean, calling for the importance of accelerating the completion of the project to keep striving to increase the ability of Iraq’s competitiveness and diversification of export outlets.
Oil excavation drillings started in the Syrian coastal city of Lattakia on Saturday following the construction of the Oral Touch Drilling Machine last week.



