U.S. Companies to Develop Comprehensive Plan for Syria’s Oil, Gas, and Power Sectors
ARK News.. A consortium of U.S.-based companies is set to draft a comprehensive plan for Syria’s oil, gas, and electricity sectors, as part of a partnership aimed at rebuilding the country’s war-ravaged energy infrastructure following a 14-year civil conflict.
Jonathan Bass, CEO of Argent LNG, announced that Baker Hughes, Hunt Energy, and Argent—all headquartered in the United States—will jointly prepare the plan to help re-establish Syria’s energy backbone.
Sources say the move represents a dramatic shift, as it marks the entry of U.S. firms into a country that was, until recently, subject to one of the world’s most severe sanctions regimes. The development comes after U.S. President Donald Trump lifted American sanctions on Syria at the end of June.
The companies are expected to assist in oil and gas exploration and extraction, as well as electricity generation—steps aimed at revitalizing Syria’s economy as the government pushes forward with reconstruction and reintegration into the international arena.
The plan also follows a wave of agreements signed by other foreign companies—many from Gulf Arab states—focused on energy generation and port infrastructure in Syria.
Details of the comprehensive energy plan have not been previously disclosed. “We’re initiating the development of a foundational and integrated energy and power generation plan for Syria, based on a preliminary assessment of near-term opportunities to improve capacity and service delivery,” said Bass.
He added: “Our efforts aim to support the recovery of Syria’s energy sector in close coordination with relevant stakeholders.”
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