Eng. Sufian Allaw Minister of Oil and Mineral Resources said that a large land and sea areas in need of prospecting and exploration of up to 50 thousand km 2 will be offered for investment by specialized companies in exploration and exploration, pointing to the existence of a large number of fields, the old configuration that are to be submitted in order to improve the productivity of oil wells, the old investor previously that the use of new technologies promise more of the production.

The minister said during the activities of the first Gulf Investment Forum that is currently working in the field of prospecting and exploration and production company, is a national (Syrian Oil Company) in addition to six companies working jointly with foreign companies is the (al-Furat – Deir al-Azour – Hayan – Dijla ,Awdeh and Kawkab), and currently there 10 companies engaged in exploration for oil and gas in various regions of Syria and reached some positive results and indicators, such as Egyptian American company / IPR / in the area of Kesra in Deir al-Zour and Russian oil company come out in the area of Deir El Zour Albuqmal well.

 
Allaw clarified that gas production is currently well and is planned to increase production with reference to the quantities of gas available for consumption is estimated at about 22 million cubic meters of which goes to industry and electricity, 13 million m 3 and the remainder going to use in the oil fields in the field of oil extraction classes, and now There are 4 gas treatment plants will be gradually until the end of 2010 would allow the possibility of producing 16 million cubic meter of gas per day in addition to the current product.

 
On the import of gas Allaw said that as a result of the limited import from Egypt, there is a line under the update to reach the Turkish gas network, which would necessarily be the possibility of exporting gas to Turkey and Europe and then imported from Iran and Azerbaijan under the agreements signed in this regard to ensure the needs of the industrial sector and other sectors of the gas consumed.

 
Allaw also confirmed the presence of more than 10 minerals are a major investment and the establishment of various industries it.

 
Syria Oil