Natural Gas Asia

Sunday, December 21, 2014

Syria Announces Gas Discovery

Syria has announced the discovery of a gas field in the central governorate of Homs.

“The first wells were drilled at Qara in Homs governorate and the flow rate is 400,000 cubic meters per day.” Oil Minister Sufian Allawi was quoted as saying by state news agency SANA.

“This discovery opens new perspectives in the region of Qalamun and the Syrian company will continue its drilling,” said Allawi, adding that the field was located in the Basin of Dau.

He said Syria’s natural gas production has reached 30.29 million cubic meters per day, up by 3 million cubic meters since last year. Oil production in Syria is about 380,000 barrels per day, Allawi added.

Syria has partially replaced oil with gas as fuel in its power stations on falling crude production.

The nation’s gas reserves, estimated at 284 billion cubic meters, may increase after new discoveries in many parts of the country, Allawi added.

Most of Syria’s oil is used domestically, but it exports approximately 150,000 barrels per day. Around 95 percent of that goes to Europe, primarily to Italy, the Netherlands, France, and Germany.

Source: Daily Star

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