What is the outlook for Syria's Energy Resources & Infrastructure?
A quick outlook regarding Syria’s energy resources and infrastructure, including the role of declining oil revenue under the Assad regime’s governance and the prospects for, and geopolitical impact of, Syrian energy production and trade in a new era.
How much does it cost to repair a power plant in Syria?
The Syrian Ministry of Energy estimates that the cost of repairs alone could run to $5.5 billion - a figure that does not include restoring sections of destroyed infrastructure. Key power plants in Mahardah, Aleppo, and Zayzoun have been destroyed, and 40% of the country’s transmission lines have also been damaged.
How much will a collapsed electricity grid cost Syria?
According to Ghassan al-Zamel, former Minister of Electricity under the Assad regime, speaking in , the combined direct and indirect costs of Syria’s collapsed energy grid could amount to $120 billion over 12 years. “Syria can never become a destination for inward investment without electricity,” argues Hobhouse.
How much power does Syria have?
Years of fighting, neglect and corruption have crippled over 50% of Syria's energy grid, with capacity dropping from 8,500MW in to just 3,500 currently, according to the European Institute for Strategic Studies.
What happened to power plants in Syria?
Key power plants in Mahardah, Aleppo, and Zayzoun have been destroyed, and 40% of the country’s transmission lines have also been damaged. Existing infrastructure is also suffering from widespread looting of valuable electrical cables.
Will Syria's electricity woes slacken?
Damascus, Syria - With electricity only available a few hours a day, there is little relief from the sweltering heat these days in Damascus. But US President Donald Trump's decision to lift long-standing sanctions on Syria in May, and a rash of recent energy deals, are triggering optimism that Syria’s electricity woes may soon begin to slacken.
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