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Middle East · SYR

Syria

A former exporter whose fields and grid were a battlefield.

importer

Oil production

0.1 mb/d

0.1 mb/d demand

Net oil

-0.1 mb/d

Import gap

Gas production

3 bcm

Net -2 bcm

O&G rent

6.0%

Fiscal breakeven $70

Oil balance

Production versus demand, 2025, million barrels per day.

Production0.1 mb/d
Consumption0.1 mb/d

Gas balance

Production versus demand, 2025, billion cubic metres.

Production3.0 bcm
Consumption5.0 bcm

Proven oil

3 bn bbl

Gas reserves

0.3 tcm

Refining

0.2 mb/d

LNG

No LNG

Hydrocarbon mix

Oil versus gas in this country’s oil-and-gas demand (oil-equivalent).

  • Oil44%
  • Gas56%

Economy

Output is a fraction of pre-war. Reconstruction power is the first constraint on any recovery.

GDP
$0.0 tn
Population
24.0 m
Oil intensity
2.3 bbl /$1k
Oil & gas rent
6.0% GDP
Hydrocarbon trade
2.4% GDP
Fiscal breakeven
$70 /bbl
$30 oil shock
-30.2 pp GDP
Club
Independent

Projected oil demand

Regional IEA WEO 2025 oil pathways applied to this country’s 2025 baseline. STEPS 2035 demand 0.2 mb/d (net -0.1) versus NZE 0.1 mb/d (net -0.0).

Scenario2025203020352050
Stated Policies0.10.20.20.2
Net Zero 20500.10.10.10.0
Current Policies0.10.20.20.2

Same region