Syria Energy Sector Revamp Targets Regional Hub Status
Syria is attracting international investment to rebuild its energy infrastructure and position itself as a regional transit hub.
Syria is undertaking countrywide reconstruction following more than a decade of conflict, with the transitional government aiming to diversify its economy and rebuild its energy infrastructure. According to OilPrice, the country is currently led by President Ahmed al-Sharaa, who formed a transitional government following the end of the Assad regime.
The transitional government has taken control of key assets, including the Omar oil field and Tabiyeh gas complex, following an agreement with the Kurdish-led Syrian Democratic Forces. The lifting of United States and European Union sanctions and the relaunch of the SWIFT transfer system have further facilitated international investment.
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Oil, Gas, and Exploration
Before the conflict commenced in 2011, Syria produced an average of 380,000 barrels per day of crude and 900 million cubic feet of gas, figures that fell sharply during the war according to Wood Mackenzie. Syria retains estimated reserves of 1.3 billion barrels of oil equivalent, alongside unexplored onshore areas and an untapped offshore sector. In May, Syria announced an offshore deep-water exploration project to be developed by Chevron, Qatar's UCC Holding, and the Syrian Petroleum Company.
Renewable Energy Projects
The transitional government has also advanced renewable energy plans, including a $7 billion deal signed in June 2025 with a consortium from Qatar, Turkey, and the United States to add 5 gigawatts of capacity, incorporating four gas-fired power plants and a 1-gigawatt solar park. Additional agreements with ACWA Power and Marv Energy target wind and solar development.
Key facts
- Syria is led by President Ahmed al-Sharaa under a transitional government formed on March 29, 2025.
- Pre-conflict oil production stood at 380,000 bpd, while gas output reached 900 million cubic feet.
- A June 2025 deal with a Qatar, Turkey, and U.S. consortium totals $7 billion for power sector reconstruction.
- Syria's off-grid solar capacity increased from 250 MW in 2022 to over 2 GW in 2025.
Source: oilprice.com
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