"Syria's Deir Az Zor is rich in oil. But the eastern province has been devastated by years of civil war. After nearly 14 years of civil war, Syria's economy is in tatters. Its infrastructure is in ruins. The nation's new leadership faces the daunting challenge of rebuilding it. The government is betting heavily on foreign investment to jump-start growth. And some of the Western sanctions are eased."
"The oil industry once a major source of revenue could play a major role. Most of the oil fields are concentrated in Deir Az Zor, in eastern Syria, but many of them are not under government control. And the province faces the sheer scale of destruction. Plus, the cost of Deir Az Zor's oil spills."
Deir Az Zor province holds much of Syria’s remaining oil reserves and represents a potential revenue source. Nearly 14 years of civil war have left the province and national infrastructure devastated, and the Syrian economy is in tatters. New leadership faces the daunting task of reconstruction and is betting heavily on foreign investment to jump-start growth while some Western sanctions are eased. The oil industry, once a major revenue source, could play a major role in recovery. Most oil fields are concentrated in Deir Az Zor, yet many fields remain outside government control. Extensive destruction and costly oil spills further complicate extraction and rehabilitation.
Read at www.aljazeera.com
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