04.09.2013 - 08:25 [ Business Standard ]

Syria crisis: Why are crude prices rising?

Syria‘s known oil reserves are mainly in the eastern part of the country in the Deir ez-Zor Governorate near its border with Iraq and along the Euphrates River. However, the Syrian link (Aqaba–El Rehab section) of the Arab Gas Pipeline (1,200 kms) that exports natural gas is also vital and also is the largest (390 kms).