by Summary:
In accordance with an energy cooperation framework agreement signed in late January, Russia will have exclusive rights to produce oil and gas in Syria. The agreement goes significantly beyond that, stipulating the modalities of the rehabilitation of damaged rigs and infrastructure, energy advisory support, and training a new generation of Syrian oilmen. Still, the main international aspect and the key piece of this move is the final and unconditional consolidation of Russian interests in the Middle East.... Details follow. It is a daunting task to rebuild Syria's destroyed infrastructure. Iran and China are pitching in, while the US is trying to hang on as best it can without legitimacy.Oil PriceRussia Is Taking Over Syria’s Oil And Gas Viktor Katona | Group Physical Trader at MOL Group
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Mike Norman considers the following as important: MENA, Middle East, Oil, Russia, Syria
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In accordance with an energy cooperation framework agreement signed in late January, Russia will have exclusive rights to produce oil and gas in Syria. The agreement goes significantly beyond that, stipulating the modalities of the rehabilitation of damaged rigs and infrastructure, energy advisory support, and training a new generation of Syrian oilmen. Still, the main international aspect and the key piece of this move is the final and unconditional consolidation of Russian interests in the Middle East.... Details follow. It is a daunting task to rebuild Syria's destroyed infrastructure. Iran and China are pitching in, while the US is trying to hang on as best it can without legitimacy.Oil PriceRussia Is Taking Over Syria’s Oil And Gas Viktor Katona | Group Physical Trader at MOL Group
Topics:
Mike Norman considers the following as important: MENA, Middle East, Oil, Russia, Syria
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In accordance with an energy cooperation framework agreement signed in late January, Russia will have exclusive rights to produce oil and gas in Syria.
The agreement goes significantly beyond that, stipulating the modalities of the rehabilitation of damaged rigs and infrastructure, energy advisory support, and training a new generation of Syrian oilmen. Still, the main international aspect and the key piece of this move is the final and unconditional consolidation of Russian interests in the Middle East....Details follow. It is a daunting task to rebuild Syria's destroyed infrastructure. Iran and China are pitching in, while the US is trying to hang on as best it can without legitimacy.
Oil Price
Russia Is Taking Over Syria’s Oil And Gas
Viktor Katona | Group Physical Trader at MOL Group and Expert at the Russian International Affairs Council, currently based in Budapest
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Russia seals key energy pacts with Saudis, shaking up US Mideast dominance
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