After seven years of war, Syria may finally be approaching the endgame. President Assad’s government is turning its attention to post-war recovery. The hydrocarbon sector is crucial: oil exports accounted for 30% of pre-war revenue and, after billions in investment, gas output was just ramping up when war took off. But EU and US sanctions will make attracting investment an uphill task – all eyes are on Russia.
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11 Jun, 2021
Key Russian investor Michael Kroupeev and his associates have hiked their stake in Syria acreage holder Gulfsands to near 90%. Can they engineer a return?
30 Apr, 2021
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