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Syria Oil Production

[Summary]List of countries by oil production Top oil-producing countries, million bbl/day (EIA) This is a list of countries by oil production.[1] 2 Countries 5 External links Trends[edit] According to the International Energy Agency (IEA), in 2016, Saudi Arab

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List of countries by oil production

Top oil-producing countries,
million bbl/day (EIA)

This is a list of countries by oil production.[1]

2 Countries

5 External links

Trends[edit]

According to the International Energy Agency (IEA), in 2016, Saudi Arabia and Russia regained the #1 and #2 position after briefly losing it to the United States in 2015. Prior to that, in 2014 over 66% of world oil production came from the top ten countries: Saudi Arabia 542 Mt (13%), Russia 529 Mt (13%), United States 509 Mt (12%), China 212 Mt (5%), Canada 208 Mt (5%), Iran 166 Mt (4%), Iraq 160 Mt (4%), Kuwait 158 Mt (4%), United Arab Emirates 157 Mt (4%) and Venezuela 151 Mt (4%). Total oil production was 4,200 Mt.[2]

Syria Crude Oil Production | 1994-2017 | Data | Chart | Calendar | Forecast

Syria Oil Production

Crude Oil Production in Syria remained unchanged at 30 BBL/D/1K in March from 30 BBL/D/1K in February of 2016. Crude Oil Production in Syria averaged 391.18 BBL/D/1K from 1994 until 2016, reaching an all time high of 598.00 BBL/D/1K in December of 1996 and a record low of 21.00 BBL/D/1K in October of 2014. This page provides the latest reported value for - Syria Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

How the War in Syria is About Oil, not ISIS - The Anti-Media

Digging just beneath the surface, it's easy to see that US interest in Syria isn't to provide Democracy, but to restore oil production and build new pipelines.

Syria's oil industry

In the Eastern Mediterranean Region, Syria is "the only substantial oil producer ..., with crude oil production of 410,000 barrels per day (bbl/d) in 2004, and total liquids production of 460,000 bbl/d. Israel, Jordan, and Lebanon all must import substantially all of their oil requirements."

"Syria's oil industry faces many challenges in the years to come. Oil output and production continues to decline due to technological problems and depletion of oil reserves. Since peaking at 590,000 bbl/d in 1996, Syria's oil output has fallen, to an estimated 460,000 bbl/d in 2004, as older fields, especially the large Jebisseh field discovered in 1968, have reached maturity. Syrian oil production is expected to continue its decline over the next several years, while consumption rises, leading to a reduction in Syrian net oil exports. If this trend continues, it is possible that Syria could become a net oil importer within a decade. Export levels, which had been temporarily buoyed by illegal imports from Iraq, fell sharply after the invasion of Iraq in March 2003."

US coalition spared ISIS oil production facilities in Syria – Russian MoD — RT News

Miraculously, only oil fields, captured by ISIS allowing the militants to earn tens of millions of dollars every month on illegal oil sales and recruit mercenaries from all over the world, did not come under the US bombardment,” Konashenkov said.

CIA Director John Brennan stated earlier that Russia is using a “scorched-earth policy” in Syria.

Here's what Russian intervention in Syria means for oil

Syria Oil Production

Russia's intervention in Syria could mean several things for the oil world.

Syria « Crude Oil Peak

Crude oil production peaked in 1996

http://www.eia.gov/cfapps/ipdbproject/iedindex3.cfm

In 2009, Syria’s net petroleum exports were estimated to be 148,000 bbl/d. All oil exports are marketed by Sytrol, Syria’s state oil marketing firm, which sells most of its volumes under 12-month contracts. Syrian crude oil exports go mostly to OECD European countries, in particular Germany, Italy, and France, totaling an estimated 143,000 bbl/d in 2009, according to International Energy Agency (IEA) data

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