Syria signs $7 bn energy deal with Qatari, Turkish, US consortium

W460

Syria signed a $7 billion energy deal on Thursday with a consortium of Qatari, U.S. and Turkish companies as it seeks to rehabilitate its war-ravaged electricity sector.

The agreement was signed at the Syrian presidential palace in the presence of interim President Ahmad al-Sharaa and U.S. envoy for Syria Thomas Barrack. It is expected to generate 5,000 megawatts, covering half of the country's electricity needs.

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