Handsome Creepy Eel said:Ok, but oil resources in Syria? Anyone knows? Wikipedia lists it as #32 worldwide with 400 000 barrels per day ( http://en.wikipedia.org/wiki/List_of_countries_by_oil_production ) and 0.5% of world supply, but I don't know how to put that in perspective. Is that a lot? A lot for a country of its size? A lot for a country of its population? It doesn't seem like much to me, but I might be wrong.
You're right. Oil is not an important factor in the Syrian economy. 400K barrels per day is minuscule to be considered a significant producer.
Oil rich states in the region are Saudi Arabia, UAE, Qatar, Kuwait, Iraq, and Iran. Pretty much most of the countries bordering the Persian Gulf.
Mediterranean countries save for Algeria and Libya aren't major oil producers. But Syria's geography does put it in the middle of major shipping routes and pipelines. WSJ put out an article on this recently.
http://blogs.wsj.com/moneybeat/2013/08/27/where-syria-fits-in-the-worlds-oil-supply-system/