Syrian Petroleum Company
| State owned | |
| Industry | Oil and gas |
| Founded | 1974 |
| Headquarters | Damascus, Syria |
| Products | Petroleum |
| Parent | General Petroleum Company |
| Website | www |
The Syrian Petroleum Company (SPC, Arabic: شركة النفط السورية) is a state-owned oil exploration and production company. The company was established in 1974. It is a part of the General Petroleum Company.
SPC operated fields around Al-Sweidiyeh in the Al-Hasakah Governorate, including Al-Houla, Shadada, Jbeissa, Sweidiya, Rumailan and Al-Omar. In March 2011, SPC produced about 55% of total oil produced in Syria. On 18 August 2011, SPC was put into the United States sanctions list due to the Syrian civil war.
The Syrian Petroleum Company owns 50% stake in Syria's main oil producer—Al-Furat Petroleum Company. Other shareholders of the Al-Furat Petroleum Company are Royal Dutch Shell, India's Oil and Natural Gas Corporation, and the China National Petroleum Corporation.
Other subsidiaries are:
...
Wikipedia