Syria’s largest oil refinery halts as Iranian crude shipments stop - FT
Syria’s largest oil refinery, Baniyas, halted operations after losing crude shipments from Iran, its primary supplier, the Financial Times reported, citing the refinery’s general manager.
Ibrahim Mousallem said the refinery produced its last petrol on Friday, following the fall of Iran-backed president Bashar al-Assad.
Syria’s new leadership expects sanctions to be lifted, enabling non-Iranian oil imports and equipment repairs, he added.
Earlier this month, in the wake of the collapse of Bashar al-Assad’s government in Syria, an Iranian tanker carrying oil to Syria reversed its course in the Red Sea apparently headed back toward the Persian Gulf.
According to data received by Iran International from Kepler, a leading provider of technology-led insights into energy and shipping markets, Iran had been sending between 60,000 and 70,000 barrels of oil to Syria daily.
