Yesterday (Monday), the first shipment of the grant provided by the Kingdom of Saudi Arabia to the energy sector in the Syrian Arab Republic arrived, as a tanker, loaded with about 650,000 barrels of Saudi crude oil, docked at the port of Banias, representing the first batch of the grant, which has a total volume of 1.65 million barrels of crude oil.
The delivery of the shipment to the Syrian side comes in implementation of the directives of the Custodian of the Two Holy Mosques and the Crown Prince.
The Kingdom, represented by the Saudi Fund for Development, and the Syrian Arab Republic, represented by the Syrian Ministry of Energy, signed on September 11th an agreement to provide the grant, which is being implemented and monitored under the supervision of the Ministry of Energy in the Kingdom, to contribute to enhancing the operation of Syrian refineries and achieving operational and financial sustainability, to support economic development and address economic challenges in Syria, to enable vital sectors in it to grow, and to support national and international efforts in achieving the Sustainable Development Goals.
The grant reflects the Kingdom’s efforts to contribute to improving the living conditions of the brotherly Syrian people, based on the close relations between the two countries.
