Syria: Oil


Oil Reserves1 2.5 Billion barrels
2002 Oil Production1 178.85 Million barrels
2002 Oil Production Value2 $4.167 Billion
2002 Oil Production as Percentage of GDP3 23.41%
Companies Actively Pumping3 Conoco (USA); Deminex (Germany); Royal Dutch/Shell (UK and Netherlands); TotalFina-Elf (France); Veba (Germany)

1 Source: Oil & Gas Journal, December 23rd 2002; pp. 113-115
2 Based on average imported refiner acquisition cost, January to October, 2002. Source: Monthly Energy Review, www.eia.doe.gov/emeu/mer/prices.html
3 Source: Energy Information Administration country analysis briefs, www.eia.doe.gov/emeu/cabs/