Syria makes first crude oil export after 14-year pause

A total of 600,000 barrels of crude oil was exported from Syria on September 1st, marking the first known formal export of Syria’s oil after a 14-year pause, according to Reuters.

The oil was dispatched from the port of Tartus, and according to Syria’s energy ministry’s assistant director for oil as well as gas, Riyad al-Joubasi, the oil had been sold to the trading firm, B Serve Energy.

In 2010, the Middle Eastern nation was exporting 380,000 barrels of oil on a daily basis. The following year, demonstrations against the country’s former leader Bashar al-Assad, led to a war of almost 14 years that weakened Syria’s infrastructure, such as crude production.

Reuters