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Excerpt
SYRIA'S OIL AND GAS SECTOR
* Syria has not exported any oil since late 2011, when international sanctions came into force.
* "Syria is not a major oil producer (as was Libya), nor is it a major transit point for oil and gas exports (as is Egypt)," said Julian Jessop, head of commodities research at Capital Economics.
"Instead the concern is the risk that Western intervention in Syria could prompt a wider regional conflict, given the support that Iran has provided to the regime of (President Bashar al-) Assad," he added.
* Prior to the sanctions Syria produced 370,000 barrels per day (bpd), roughly 0.4 percent of global supplies, and exported less than 150,000 bpd, mainly to Europe. The major oil companies working there before the sanctions were Royal Dutch Shell and Total.
* Syria's current production is estimated at just 50,000 bpd, all of which is refined domestically.
* It is short of oil products and is forced to import them from abroad. Sales of oil products to Syria are still allowed, although most traders have refrained from doing business there.
It has been forced to resort to help from strategic ally Iran.
Factbox: Why small producer Syria matters to oil markets | Reuters
Also Iran's production is way down and they are importing gasoline.