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September 27, 2011       Share:    

Source: http://www.washingtonpost.com/world/middle-east/syria-seeks-cutback-in-oil-production-because-of-eu-embargo/2011/09/26/gIQAbDdczK_story.html

Syria Cuts Oil Production after EU Embargo

(Financial Times-Washington Post) Javier Blas - Syria has told foreign oil companies to cut production as a backlog of crude fills its storage capacity because the government has been unable to bypass an EU embargo on exports. Before the ban, the EU bought 95% of the country's crude exports. However, not a single cargo of Syrian crude has left the nation's main export oil ports this month, according to shipping data.

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