Syria awards gas deal to ConocoPhillips and Novaterra (opens original article in a new tab)

Syria has awarded a gas development deal to ConocoPhillips and a company linked to Syrian-British billionaire Ayman Al Asfari, aiming to boost production and modernize infrastructure in the energy sector. The agreement follows the removal of US sanctions and seeks to attract international investment.

• Syria awards gas development deal to ConocoPhillips and Novaterra linked to Ayman Al Asfari
• Agreement aims to increase gas production, modernize infrastructure, and improve efficiency in Syria's energy sector
• US sanctions removal spurred foreign interest in Syria's energy sector