ConocoPhillips may become the first U.S. major to sign a post‑war gas deal with Syria, opening a new market amid sanctionsExecutive summary: ConocoPhillips is set to sign a gas development agreement with Syria’s state gas company within days. The deal would represent the first U.S. major oil company to enter post‑war Syria, indicating a possible new market entry and geopolitical shift. ConocoPhillips, Syria’s state gas company, and the Financial Times as the source. The agreement could be announced this week, leading to investment announcements and heightened regulatory scrutiny.ConocoPhillips plans to sign a gas development agreement with Syria’s state gas company within days, according to a Financial Times report citing unnamed sources. The agreement could be finalized as early as this week, marking the first U.S. major oil company to engage directly with the Syrian government after years of sanctions. This move would signal a potential shift in regional energy dynamics and could affect sanction‑related risk assessments.Connected developmentsLNG sector to drive growth until 2028Historical US major involvement in Syrian energyJim Cramer Returns To ConocoPhillips (COP) As Oil Prices Touch $96Open the full case file on Beyond →
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