AGP Executive Report
Last update: 7 hours agoSyrian-Russian Deal: Syria says it has begun implementing a memorandum that shifts civilian control of Hmeimeem Airport and Tartous Port to Damascus, while converting Russian military facilities into joint training centers within a three-month transition. Energy & Industry: The Syrian Petroleum Company approved an $184.8M direct contract for crude-oil storage tanks at Baniyas and Tartous, including a $27.7M advance—sparking scrutiny over the lack of tendering and missing public procurement details. Oil Output Push: SPC also plans to raise Rmelan oil output toward 250,000 bpd by end-2027 via rehabilitation at Rmelan fields and the Sweidiya gas plant with U.S.-based HKN Energy involvement. Finance Access: Syria’s central bank says old-currency withdrawals continue through authorized Syrian Post outlets across governorates, aiming to reduce travel burdens and expand counters. Trade Routes: Iraq is seeking to reopen crossings with Syria and streamline customs to boost bilateral trade as Hormuz shipping disruptions raise import costs. Regional Security: Saudi, Türkiye and Pakistan’s “Mecca” defense pact is driving fresh debate over collective defense and what it means for deterrence across the region.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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