AGP Executive Report
Last update: 5 hours agoEnergy: Syria’s Petroleum Company says it expects more gas from onshore fields by year-end and aims to finalize offshore exploration deals with Chevron and QatarEnergy this month. The Energy Ministry is also seeking interest in an Euphrates project combining an 81MW hydropower plant with up to 1,200MW of pumped storage. Iraq, meanwhile, is moving oil overland through Syria as Hormuz shipping is disrupted. Saudi Investment: The Saudi-Syrian Business Council is developing channels to help Saudi firms enter Syria, including logistics links and coordination with the Syrian sovereign fund. Reconstruction and investment were also on the agenda in talks between the two countries’ leaders. Construction: Çimko signed a $200 million deal to redevelop an Aleppo cement plant. Eagle Hills signed a framework agreement for housing and tourism projects, including Latakia’s Eco Life development, which is projected to create 40,000 jobs. Trade and Agriculture: Turkish exports to Syria rose 19% in the first nine months of 2026, the second-fastest growth among Turkey’s neighboring markets. Cotton prices have also climbed in Hasakah amid export activity.
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