Six months after Assadโs fall, public electricity output remains stuck at 1,600 MW, a fraction of the pre-war level. But recent deals and sanctions relief are setting the stage for a turnaround. ย Key developments:
โข Sanctions lifting can potentially kickstart reconstruction and investment
โข New gas agreements with Qatar and Tรผrkiye could double output to 3,200 MW
โข A $7B MoU with UCC, Kalyon, Cengiz Enerji and Power International targets 5,000 MW in new generation
However, challenges persist:
โข Daily fuel shortfalls of over 7.5 million cmd based on our calculations
โข Grid losses exceed 30%, with theft and degradation undermining transmission
โข Corruption concerns surrounding UCCโs leadership and may damage public trust
Could this moment mark the start of genuine progress?
