Syria's Oil Sector Struggles to Meet Energy Needs Amid Sanctions and Conflict

Syria's oil sector is a significant contributor to the country's economy, despite the challenges it has faced in recent years. According to recent data, Syria's oil production has averaged around 38,000 barrels per day (b/d) over the past year, with an estimated total of 13.8 million barrels produced.

The majority of Syria's oil is consumed domestically, with an average consumption rate of around 30,000 b/d. This leaves a significant surplus for export, which has been impacted by sanctions and conflict in the region.

Syria's energy needs are substantial, with an estimated demand for around 70,000-80,000 b/d. Meeting this demand is crucial to supporting economic growth and development in the country.