Riyadh, November 17, 2025(Kamran Raja): The first shipment of Saudi Arabia’s grant to the Syrian energy sector arrived yesterday at the port of Banias, carrying approximately 650,000 barrels of Saudi crude oil. The delivery marks the initial installment of the 1.65 million-barrel crude oil grant provided by the Kingdom to support Syria’s energy infrastructure.
The shipment was dispatched following the directives of the Saudi leadership, reaffirming the Kingdom’s commitment to supporting the Syrian Arab Republic and strengthening bilateral cooperation.
The grant agreement was signed on September 11 between Saudi Arabia, represented by the Saudi Fund for Development (SFD), and Syria, represented by the Ministry of Energy. Implemented and supervised by the Saudi Ministry of Energy, the initiative aims to enhance the operation of Syrian refineries, improve operational efficiency and financial sustainability, and support economic development.
The grant is also expected to help Syria address key economic challenges, foster the growth of vital sectors, and contribute to broader national and international efforts aligned with the Sustainable Development Goals (SDGs).
This support reflects Saudi Arabia’s ongoing efforts to improve the living conditions of the brotherly Syrian people and underscores the historic ties and cooperation between the two nations.