Marine Exploration in Syria before the end of the year

the General Petroleum corporation Embarked on compile technical data and access to maritime contracts implemented by other countries as a prelude “to prepare technical book, commercial and legal, so is expected to make a declaration to prospect for oil and gas in the Syrian territorial waters by the end of 2010.

Eng. Sufian Allaw Minister of Oil and Mineral Resources, said at a news conference last April that it will be announced on operation of exploration in the sea on the basis of a previous study, some surveys carried out in Syrian waters, where they were to identify four sites a total area amounted to 5000 km 2, the ministry may announced by the former did not make only one company because of certain global conditions witnessed by the years of dramatic changes in oil prices suddenly rise up and Now, after the stability of prices, the ministry would announce it.

He expressed hope that the progress of global companies offers an opportunity to explore the sea, particularly that of the Mediterranean Sea promising areas.

The modern American studies recently confirmed the discovery of treasure, a huge oil and gas in the basin of the Mediterranean is estimated reserves to 122 trillion cubic feet of natural gas and 107 billion barrels of oil.

syria-oil & Gpc