Instability and civil war in Syria has culminated in the rapid spread of Sunni militants (ISIS) across the country. Turbulence, lack of investment and inability to export due to sanctions have led to a dramatic decline in oil production - from 400,000 b/d in 2010 to around 40,000 b/d today. We believe that Syrian production will not recover to pre-conflict levels.
Table of contents
Chain of events
Dramatic production decline
Impact on Syria and future outlook
Tables and charts
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