AGP Executive Report
Last update: 3 hours agoHousehold Costs: Rising food, fuel and electricity prices are deepening Syria’s economic strain, while drivers in Damascus are turning to mostly Chinese-made electric cars to avoid fuel costs. Energy Links: Damascus and Baghdad discussed reviving the Kirkuk–Baniyas pipeline as an export route with potential capacity of 2 million barrels a day, alongside wider trade and energy cooperation. Oil Production: US firm HKN says it aims to double Syria’s output as it takes over Kurdish-run fields; Gulfsands is also seeking interest in a Syrian oil project. Agriculture: Hasakah expects a 45,000-ton cotton crop, while imported cotton seed is set to receive 12-month approval. Infrastructure: A Qatari company won a $147 million road contract, offering a boost to Syria’s construction sector.
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