Syria Will Sign Deal With Türkiye to Import Electricity Through 400-Kilovolt Power Line, Says Energy Minister

BY THE ARAB TODAY May 05, 2025

Syria Will Sign Deal With Türkiye to Import Electricity Through 400-Kilovolt Power Line, Says Energy Minister

Syria Will Sign Deal With Türkiye to Import Electricity Through 400-Kilovolt Power Line, Says Energy Minister

Syria is about to sign an agreement to bring electricity from Turkey through a 400-kilovolt power line that will connect the two countries, according to the state news agency SANA, which quoted Energy Minister Mohamed Al-Bashir on Sunday.

Syria to Import Electricity from Turkey

A new electricity supply line will soon connect Reyhanli in Turkey to the Harim area in Syria’s Idlib countryside, according to Al-Bashir.

Once finished, the line will send around 80 megawatts of electricity to northern Syria through a substation in Turkey.

Additionally, the Syrian energy minister mentioned that work is in progress on a natural gas pipeline between Kilis in Turkey and Aleppo in Syria. This pipeline will provide six million cubic meters of gas per day to power plants, helping improve Syria’s energy situation.

This agreement comes at a critical time, as Syria is facing major power shortages, according to Reuters.

What to Watch For

Al-Bashir also mentioned that Syria and Turkey are discussing joint efforts to extract minerals like phosphate and lithium and explore natural gas in Syria’s waters. He invited Turkish companies to invest in Syria’s energy sector, including oil and gas exploration, refining, transportation, and rebuilding power lines and stations.

Tangent

On Saturday, Al-Bashir met Qatari Deputy Prime Minister Khalid bin Mohammad Al-Attiyah at the Istanbul Natural Resources Summit. They talked about the summit’s role in improving regional cooperation and addressing shared challenges in energy and natural resources, according to SANA.

IMF Support

Jihad Azour, Director of the Middle East and Central Asia Department at the IMF, confirmed there is communication between Syria and the IMF, and the IMF is ready to support Syria, as reported by SANA on Sunday.

Azour shared that Syria has officially asked to restore its relationship with the IMF and reactivate its membership. Although Syria’s membership was never formally suspended, it was inactive during the war that began in 2011.

Azour explained that the IMF’s latest report did not include economic data on Syria because the country has lacked official statistics due to the war and limited technical ability in recent years.

He also noted that the IMF’s recent Spring Meetings in Washington included a session focused on Syria, discussing the country’s current issues and exploring ways to improve cooperation in the future.

Published: 5th May 2025

For more article like this please follow our social media Facebook, Linkedin & Instagram

Also Read:

Banque Saudi Fransi completes $650M Additional Tier 1 sale
Aldar’s Q1 profit up 22% to $517M, driven by higher revenue
Saudi Arabia’s Real GDP grew 2.7% in Q1, led by non-oil sector


Banking & Insurance, Investment, UAE
UAE’s Wealthy Investors Lead in Taking ‘Mini Retirements,’ HSBC Survey Finds

UAE’s Wealthy Investors Lead in Taking ‘Mini Retirements,’ HSBC Survey Finds Wealthy investors in the UAE plan to take an average of…

Bahrain, Economy, Energy
Bahrain’s Non-Oil Exports Fall 1% in July to $883M

Bahrain’s Non-Oil Exports Fall 1% in July to $883M Bahrain’s non-oil exports fell by 1% in July compared to last year, reaching…

Abu Dhabi, Energy, Saudi Arabia
TAQA and AlBawani Secure $4B Funding for Saudi Power Plants

TAQA and AlBawani Secure $4B Funding for Saudi Power Plants Abu Dhabi’s National Energy Company (TAQA) and Japan’s AlBawani Capital have secured…

Economy, Egypt, Energy
Egypt’s Non-Oil Private Sector Declines Again in August

Egypt’s Non-Oil Private Sector Declines Again in August Egypt’s non-oil private sector shrank for the sixth month in a row in August,…

Dubai, Stock Markets
Binghatti Holding’s $500M Sukuk Debuts on Nasdaq Dubai, Raising Total Listings to $1B

Binghatti Holding’s $500M Sukuk Debuts on Nasdaq Dubai, Raising Total Listings to $1B Dubai-based property developer Binghatti Holding has listed a new…