Syria is producing 475,000 barrel of oil daily

Syria is currently producing about 475 thousand barrel of oil per day where about 300 thousand BPD are exported. This constitutes about 60 percent of the government's hard currencies revenue, a report by SANA on Monday said.

The report depicted the oil sector in Syria as constituting a main source of the national income that affects growth average and contributes in ten to 14 percent of the Gross Domestic Production GDP.

This contribution is affected by international oil markets prices and the government set prices for oil and derivatives, the report noted.