Dana Gas has signed an MoU with the Syrian Petroleum Company (SPC) to explore the potential redevelopment and expansion of several gas fields in Syria. In a 12 November announcement, the UAE-listed firm says it is the first gas developer to sign such an agreement with the Syrian authorities since the toppling of the Assad regime last December (MEES, 13 December 2024).
Although Dana has no previous experience in Syria, it is a prominent player in the regional gas sector as the joint-operator of Iraq’s largest non-associated gas field; the Kurdistan Region’s Khor Mor field, where capacity was last month increased to 750mn cfd. It has previously shown an interest in Syria. In 2010, Dana was one of 13 companies to submit bids for eight onshore blocks in a licensing round shortly before the start of protests that ultimately led to the country’s civil war (MEES, 27 December 2010). (CONTINUED - 808 WORDS)
