• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 4 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 8 days Does Toyota Know Something That We Don’t?
  • 2 days America should go after China but it should be done in a wise way.
  • 8 days World could get rid of Putin and Russia but nobody is bold enough
  • 10 days China is using Chinese Names of Cities on their Border with Russia.
  • 11 days Russian Officials Voice Concerns About Chinese-Funded Rail Line
  • 11 days OPINION: Putin’s Genocidal Myth A scholarly treatise on the thousands of years of Ukrainian history. RCW
  • 11 days CHINA Economy IMPLODING - Fastest Price Fall in 14 Years & Stock Market Crashes to 5 Year Low
  • 10 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 5 hours Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 1 day How Far Have We Really Gotten With Alternative Energy
  • 11 days Putin and Xi Bet on the Global South
  • 11 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
Azerbaijan Eyes Increased Gas Exports to Europe With Support From U.S.

Azerbaijan Eyes Increased Gas Exports to Europe With Support From U.S.

Azerbaijan's Energy Minister secures cooperation…

Natural Gas Price Drop Could Spell Doom for Producers

Natural Gas Price Drop Could Spell Doom for Producers

American gas producers have been…

Oil Shortage Makes Syria Consider Public Transport On Nat Gas

Faced with oil and fuel shortages and the inability to freely import fuel because of the Western sanctions, Syria plans to have public transport switch to natural gas, local Al-Watan newspaper reports, citing sources in the state-held fuel distribution firm.

Syria, which has been in an eight-year-long war, started to feel severe fuel shortages in the spring this year, after the U.S. sanctions on Iran—a key supporter of Bashar Assad—and the western sanctions on Syria itself resulted in reduced fuel and oil imports.

Syria’s own oil industry has been crippled by the war and many oilfields had fallen in the hands of Islamic State before the U.S.-backed Kurdish forces took the fields from ISIS.

Syrian authorities had been already considering switching public transport to natural gas even before the war broke out in 2011, according to Sputnik, which quoted the report in the Al-Watan newspaper.

Apart from switching to natural gas for public transport, the Syrian government is also working to monitor the use of gas and fuel oil through GPS tracking of public transport vehicles and taxis. 

However, in order to switch public transportation to natural gas, Syria needs to build more gas stations and to install the necessary equipment on the vehicles.

With the potential switch to natural gas, Syria’s government wants to reduce oil and fuel imports and demand for foreign currency, as well as to crack down on smuggling and counterfeit oil products, according to Al-Watan’s sources.

Meanwhile, the United States has moved more equipment from Iraq into Syria to boost the protection of the oil and gas fields in eastern Syria currently under the control of Kurdish militia.

ADVERTISEMENT

The Kurdish SDF forces control most of Syria’s oil. Before the war broke out, Syria was producing 387,000 barrels of oil per day, of which 140,000 bpd were exported.  

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News