Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Asharq Al-Awsat
Asharq Al-Awsat
Business
Damascus - Asharq Al-Awsat

Damascus to Host Arab Energy Conference in 2024

Syrian workers fixing pipes of an oil well at an oil field controlled by a U.S-backed Kurdish group, in Rmeilan, Hassakeh province, Syria, March 27, 2018. (AP Photo/Hussein Malla)

Syria will host the Arab energy conference in 2024 after all members of the Organization of Arab Petroleum Exporting Countries (OAPEC) agreed, a statement by the Oil and Mineral Resources ministry said on Thursday.

The decision was agreed to during a virtual meeting of oil ministers from the member countries hosted by Kuwait.

The meeting agreed that Syria will host the meeting in 2024 after Qatar in 2023 and that Syria will chair the council of Arab oil ministers for a year starting 2022 to succeed current chair Saudi Arabia.

OAPEC comprises Algeria, Bahrain, Egypt, Iraq, Kuwait, Libya, Qatar, Saudi Arabia, Syria, Tunisia and the United Arab Emirates.

This came as Arab countries started recently to gradually improve relations with Syria following a decade of bad ties after the Syrian civil war broke out in 2011.

Some countries, such as the UAE, Oman, Jordan, Iraq and Lebanon, have maintained shy relations with Damascus before resuming public activities this year in line with efforts to return Syria to the Arab League.

UAE Foreign Minister Sheikh Abdullah bin Zayed visited Damascus in November and met with Syrian President Bashar al-Assad.

Syria’s Foreign Minister Faisal Mekdad is also due in Tehran on Sunday for a two-day visit.

Meanwhile, Syrians suffer from a severe crisis caused by poor access to energy.

They are deprived of their country’s oil production due to the US-backed “Syrian Democratic Forces” control over the country’s oil fields.

Damascus accuses Washington of looting Syrian oil.

Syria currently produces around 24,000 barrels a day, covering only a fraction of domestic needs.

Most of its oil fields are in the hands of Kurdish-led forces, who administer an autonomous region in the country’s northeast. Assad’s government has relied on a top ally, Iran, for oil supplies.

In recent weeks, a deal was signed with Egypt to extend natural gas through Syria to Lebanon using an Arab oil pipeline that has been out of service for a decade.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.