Türkiye plans energy investments to aid Syria’s reconstruction efforts
Türkiye is poised to play a pivotal role in rebuilding Syria, with a focus on restoring its critical energy infrastructure.
Officials who spoke to CNBC-e have outlined plans to address Syria’s energy needs, with immediate steps including increasing electricity exports and long-term strategies for energy production, distribution and infrastructure rehabilitation.
Türkiye’s energy support for Syria intensifies
Türkiye’s Energy and Natural Resources Minister Alparslan Bayraktar, announced that efforts to bolster energy cooperation with Syria are underway.
“Syria is a top priority on our agenda,” Bayraktar said, emphasizing Türkiye’s commitment to aiding its neighbor’s recovery. Since 2017, Türkiye has exported electricity and petroleum products to Syria, and these efforts are set to expand.
A master plan addressing Syria’s energy requirements is being prepared based on findings from two separate delegations sent by the Energy and Natural Resources Ministry. These teams evaluated Syria’s current energy landscape and identified key areas for improvement.
Immediate and long-term energy initiatives
In February, Türkiye plans to increase its daily electricity exports to Syria from 210 megawatts (MW) to 300 MWs, delivered through seven different points. By mid-year, additional steps will include:
- Supplying up to 500 MW of electricity to Aleppo within six months.
- Facilitating natural gas transport to Aleppo’s power plants using Türkiye’s existing infrastructure in Kilis.
- Exploring oil fields and conducting seismic studies to enhance production potential.
In a move to ensure sustained electricity access, floating power plants in collaboration with Turkish firm Karat Power are being considered.
Syria’s energy landscape: Challenges and opportunities
Syria’s energy sector has suffered extensive damage, with 39 gas power plants severely impacted. Of these, 10 were heavily damaged, and 15 destroyed.
The country urgently requires 5,000 MW of installed power capacity and $20 billion–30 billion in investments to restore its electricity grid.
Türkiye also aims to unlock Syria’s untapped oil reserves, estimated at 6.9 billion barrels. With proper field rehabilitation, daily oil production could reach 1 million barrels within five years, according to a report by the Türkiye Energy Strategies and Policies Research Center.
A system involving both local and international investors is being planned to capitalize on this potential.
Türkiye’s continued commitment to Syria
Minister Bayraktar highlighted the importance of long-term partnerships, stating that Türkiye seeks to involve its investors and international companies in Syria’s reconstruction efforts.
“Syria once produced 630,000 barrels of oil daily. With thorough seismic studies and field assessments, we can unlock this potential again,” Bayraktar noted.
Türkiye has also maintained an ongoing supply of electricity to northern Syrian cities, including Afrin, Cobanbey and Harem, via interconnection lines since 2021.
Minister Bayraktar announced plans for a high-level visit to Syria once the political landscape stabilizes.
“After the Syrian administration matures and our counterparts are clearly defined, we plan to make an official visit to further our collaboration,” he said.