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Investor Presentation - Proactive Investors

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Syria : Statistics<br />

ECONOMY<br />

• President : Bashar al‐Assad (2000)<br />

• Population: 20.4 million (60% < 30)<br />

• Religions : Sunni, Shia, Christian,<br />

Jewish<br />

• GDP US$40 bn (1) , 2009E growth 5.2% (2)<br />

– Agriculture 25%, industry 25%, services<br />

50%<br />

• Main exports : oil & gas<br />

(1)<br />

Source : UK FCo<br />

(2)<br />

Source : IMF<br />

DAILY OIL PRODUCTION<br />

Production rapidly decreasing<br />

ENERGY<br />

• Proved oil reserves : 2.5 bn bbls<br />

• Natural Gas reserves : 8.5 tcf<br />

• Oil production : 2008 398,000 bpd<br />

• Gas production : 2008 230 bcf pa<br />

• Net exports : oil 155,000 bpd<br />

INTERNATIONAL RELATIONS<br />

• Syria Accountability Act 2003<br />

• Thawing of US relations under Obama<br />

administration (re‐appointment of US<br />

ambassador being considered)<br />

• Good relations with EU (France)<br />

6

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