Bans investments in Syrian oil sector
01 Jan 2011
In December 2011, Governments of EU member states banned European firms from making new investments in Syrian oil industry sectors, including oil exploration, production and refining, as well as enterprises engaged in constructing new power plants. This prohibition bars the creation of new joint ventures with enterprises with Syria's partners, the provision of loans and the purchase or extension of stakes in Syrian companies.
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Type:
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Entry and establishment (Ownership and control)
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Industry:
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Primary (Mining and quarrying)
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Manufacturing (Manufacture of coke and refined petroleum products)
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Sources:
