The Syrian Petroleum Company (SPC) has succeeded in leveraging positive sentiment around the country’s upstream sector and geopolitical backing from the US, Saudi Arabia and Qatar into concrete commercial partnerships.

Political support from the Trump Administration has been pivotal, and this week’s launch of the US-Syria Business Council Forum in Damascus was attended by executives from Chevron and Hunt Oil, among others. The 13 July event followed last week’s eighth Syria International Petroleum, Energy and Mineral Wealth Expo (SyrPetro), which drew a record number of participants from more than 120 local and international firms across 25 countries. (CONTINUED - 1146 WORDS)