Energy Companies Return to Syria: Who Holds the Terms of the New Contracts?

Energy Companies Return to Syria: Who Holds the Terms of the New Contracts?

Syria’s oil and gas sector has entered a new phase of international engagement. After years in which foreign companies limited themselves to memorandums of understanding and technical surveys, negotiations have begun to move toward concrete exploration and field-development agreements. This shift carries implications that reach far beyond production volumes. The contractual frameworks being shaped today will determine Syria’s future share of rev…