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Syria oil output dives to 5pc of pre-war level

Published: 29 May 2013 - 02:13 pm | Last Updated: 01 Feb 2022 - 01:47 pm

DAMASCUS: Syria's oil production has crashed to 20,000 barrels per day, or five percent of its pre-war output, Oil Minister Sleiman Abbas said, quoted on Wednesday in the ruling party's Al-Baath daily.
 
"The terrorism of armed groups rebels and the unjust Western embargo imposed on Syria" were to blame for the collapse, he told a session of parliament.
 
Abbas said output was now running at about 20,000 barrels per day, compared with 380,000 bpd before an anti-regime uprising erupted in March 2011.
 
At the same time, gas production has halved to 15 million cubic metres , the minister said.
 
Abbas said the country, previously a small energy exporter, was being forced to import oil and derivatives at a monthly cost of $500 million. (AFP)