President Ahmed al-Sharaa’s administration, installed in March 2025, now controls key infrastructure like the Omar oil field and Tabiyeh gas complex. This consolidation, bolstered by a 2026 security agreement with the Syrian Democratic Forces, ends a decade of fragmented energy governance. With SWIFT access restored and international sanctions rolled back, the state is aggressively pursuing partnerships to tap into 1.3 billion barrels of oil equivalent in estimated reserves.

Strategic Infrastructure and Regional Transit

The government is leveraging Syria’s geography to court global energy majors. Chevron and Qatar’s UCC Holding have already partnered with the Syrian Petroleum Company for deep-water exploration projects. Beyond extraction, the Baker Institute suggests Syria could serve as a vital land bridge for pipelines carrying Persian Gulf resources to the Mediterranean, circumventing the volatile Strait of Hormuz.

Diversification efforts are equally ambitious. Since 2025, the state has secured a $7 billion deal with a U.S.-Turkey-Qatar consortium to build four gas-fired plants and a 1-GW solar park. Complementing this, an agreement with Saudi Arabia’s ACWA Power and a 700-MW wind farm project with Dubai-based Marv Energy aim to modernize a grid long crippled by war. The government is also reviving hydropower, recently opening bidding for the $1.16 billion Halabiya-Zalabiya Dam project on the Euphrates. While output remains far below pre-2011 levels, the combination of foreign capital and a push for renewables suggests a systematic attempt to rewrite the country’s economic trajectory.