Overview

• Energy official Riyad al-Joubasi said 600,000 barrels of heavy crude from several fields were loaded at Tartus and transported on the tanker Nissos Christiana.
• The cargo was sold to B Serve Energy, which is affiliated with trader BB Energy, and the company has not responded to requests for comment.
• The move follows President Donald Trump’s June order terminating the broad Syria sanctions program while preserving targeted measures against Bashar al-Assad and designated entities.
• Kurdish-led authorities that control most northeastern oilfields began supplying crude to the central government earlier this year, enabling aggregation for export.
• Syria has also agreed an $800 million memorandum with DP World to develop a multi-purpose terminal at Tartus, indicating plans to rebuild export infrastructure.