Syria announces significant gas discoveries
Syria on Thursday declared significant gas discoveries made by a Croatian oil and gas company in the northern central part of the country and noted the new gas output would allow Syria to export for the first time quantities of the
currently all-locally-consumed amount.
Syria's Minister of Oil, Ibrahim Haddad, told reporters Syrians were notified by the Croatian INA Oil and Gas company about the discoveries in Tadmor region, North East of Damascus.
"These important gas findings will back the national economy by digging out additional quantities, treat them and prepare them for the consumption or export," the Minister said, according to SANA.
The gas field of Jahar is located some 40 kilometers West of Palmyra in central Syria. Initial figures indicated the field reserve amount to 15 billion cubic meters while Syria produces 24 million cubic meters per day which is totally-locally- consumed.
The Minister declared that Lebanon would be the first country to make use of the additional discovered quantity of gas. A recent Syrian-Lebanese contract agreed to pump 1.5 million cubic meters of gas daily in the first stage, to
be later increased to 3 million cubic meters and then to 6 million cubic meters. (menareport.com)
© 2004 Mena Report (www.menareport.com)