[Wall Street Journal] Julien Barnes-Dacey - Oil-industry executives in Damascus anticipate a surge of interest by international petroleum companies amid a recent thaw in the country's diplomatic relations with the West. Syrian output peaked in the late 1990s at close to 600,000 barrels a day, then dwindled to below 400,000 today. Still, Syria's location on the Mediterranean and its relatively unexplored geology make it a potentially profitable frontier.
2009-09-15 08:00:00Full ArticleBACK Visit the Daily Alert Archive