Skip to content
Search

SyriaBusiness & Economy

Russian Tanfit company digs for oil in Syria

Originally published

The Russian "Tanfit" oil company said yesterday it won rights to explore and develop oil fields in Syria, despite the American threats to impose sanctions on Damascus.

The company's deputy director general, Khamit Kavieve, said that "Tanfit." the 6th largest company for oil production in Russia. concluded a first round of negotiations with Syria. He said "we have won the auction. I can confirm that. We were notified of that, but it is premature to give any details."

Previous Stories

More from Syria More Business & Economy