Image created by A.I
According to report by FT, the head of Gulfsands, the western oil company most exposed to Syria, has called for changes to sanctions to let outside operators return to the market, boost production and give the country “a chance to get back on its feet”.
Gulfsands’ operations are in an area of north-east Syria long controlled by the Kurdish-led Syrian Democratic Forces (SDF) who already backed by US forces.
Several European and North American companies invested in Syria’s oil and gas before the sanctions. But small independent operator Gulfsands was uniquely specialised, referring to its interests in an area known as Block 26 around Al Hasakah as its “core assets”.
Discover more from Daily NEWS Global 24/7
Subscribe to get the latest posts sent to your email.
