ConocoPhillips is reportedly set to sign a contract with Syria this week aimed at reviving the country’s gas production. According to a report by the Financial Times, this potential agreement would mark the first time a major U.S. oil and gas company has entered into a contract with Syria’s current government.
The deal, if finalized, signifies a notable development in international energy engagement with Syria. The specifics of the contract and the extent of production revival remain undisclosed in the initial reports.
This move by ConocoPhillips could signal a shift in how international energy firms approach operations in Syria, potentially opening doors for further investment and collaboration in the nation’s energy sector.
