Syria May Import Oil to Meet Plans to Double Refining

Syria, the third largest non-OPEC oil producer in the Middle East, may import crude from neighboring states as part of a plan to double its refining capacity and export products including gasoline to Europe, the country’s oil minister said.

The Arab state has plans for two new refineries that would boost Syria’s processing capacity to the same level as its oil production at about 425,000 barrels, Petroleum Minister Ibrahim Haddad Haddad said in a Dec. 13 interview in Kuwait.

Bloomberg