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Syria looks to revitalize oil production to attract investors

Syrian President Bashar al-Assad is tightening the regime's grip on oil fields with an eye toward their eventual rehabilitation.

Oil pump jacks pump oil in Al-Jbessa oil field in Al-Shaddadeh town of Al-Hasakah governorate April 2, 2010.  REUTERS/Stringer (SYRIA - Tags: BUSINESS ENERGY) - GM1EA9B1T8R01
Oil is pumped at the Jbessa field, al-Shaddadeh, Syria, April 2, 2010. — REUTERS/Stringer

Immediately following the Oct. 13 Russian-mediated agreement between the Kurdish-led Syrian Democratic Forces (SDF) and the Syrian regime for the SDF to relinquish territory under its control to the Damascus government, the Syrian army began deploying to secure oil wells in Raqqa province

Two weeks later, the regime tightened its grip on the oil fields in southeastern Raqqa province after SDF forces agreed on Oct. 27 to withdraw 30 kilometers (18.6 miles) from the border with Turkey in accordance with a deal signed Oct. 22 by Ankara and Moscow in Sochi. This opened the path for the Syrian army to deploy across 90 kilometers (56 miles) of the border in northern al-Hasakah province, from Ras al-Ain to Qamishli.

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