The Syrian civil war is almost over. After the western leaders said Assad had to go we need to face the fact. Assad is still in power. He strengthens his position and the western support increased the number of death people. The refugees who came due to the civil war where capable of breaking up the European Union.
With the country needing many repairs there is plenty of work opportunity and economic opportunity for the refugees who left Syria.
The question we need to face is who is going to pay for this. Syria is out of strategic importance for Russia. Therefore is it very likely that Gazprom will become one of the big new sources of revenue for the Assad regime.
Syria was a large oil producer. The country produced around the 400,000 barrels of oil a day. Than the civil war started and it dropped to 38,000 barrels a day.
Interestingly enough are the sole rights for oil and gas production in Syria sold. From now one only Russian energy companies are allowed to do this in Syria.
Benefit for Russia is that they are not afraid of any western sanctions. They are facing sanctions themselves. The interesting different political system makes that they can do things like this. No risk of naming and shaming. Overall, they were on the good side of the history in this conflict.
Assad and the Syria regime are offering several incentives to boost its energy production.
Gazprom already gained control over 20% of the natural resources held in Syria. The big question is if the western world will step up against this measurement and what they will do. They can’t block the oil and gas from Russia. The earlier sanctions pushed Russia towards China on the field of energy supply.