ERBIL, Kurdistan Region - Northeast Syria's (Rojava) Hasaka province will have a share in oil revenues generated from the Rumeilan oilfields, the head of the Syrian Petroleum Company (SPC) told Rudaw on Tuesday, shortly after the state-run company struck a deal with US-based HKN Energy to restore production capacity at the country's largest hydrocarbon complex.
"70 percent [of the shares] will be for us [Syrian state] and 30 percent for them [HKN]," CEO of the SPC, Youssef Qablaoui, told Rudaw's Vivyan Fatah about the deal with the American firm.
He further noted that the SPC has “assumed control over all oil fields in the Jazira region” - which covers areas east of the Euphrates River, including large parts of Deir ez-Zor, Raqqa, and Hasaka provinces - and “has begun dispatching hundreds of tanker trucks to Hasaka to support operations in the sector.”
Qablaoui added that the 25-year agreement also provides for “the rehabilitation of wells at the Rumeilan complex and the drilling of new wells to increase oil production,” a move expected to have “a positive impact on the living conditions of residents in the area and across Syria.”
Asked by Rudaw whether the Kurdish-majority Hasaka province, home to the giant fields, would receive a cut of the revenues, he said, "Of course!"
Earlier in the day, the SPC announced that it had reached an agreement with HKN Energy to rehabilitate and restore production capacity at the massive supergiant oilfield by the end of next year.
Qablaoui and HKN CEO Mark Rollins "discussed plans to develop production" at the Rumeilan field complex in Rojava’s Hasaka province, "using modern technologies, along with the targeted timeline for gradually raising field output to around 250,000 barrels per day [bpd] by the end of 2027," the state-owned company said in a statement.
With more than 1,300 oil wells and a number of gas processing facilities, Rumeilan produced between 180,000 and 200,000 bpd before the Syrian war (2011-2024), accounting for roughly half of the country's total oil output.
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