Russian energy companies welcome in Syria

There’s little chance Western oil and gas companies will return to Syria’s economy, which needs billions of dollars in restoration, a Russian delegate said.

Russian news agency Tass reported Monday that Syrian President Bashar al-Assad met in Damascus with representatives from the Kremlin to discuss what’s needed to repair the war-torn economy. Dmitry Sablin, the head of the delegation and a member of Russia’s lower house of parliament, said it could take decades to recover from conflict.

“An important issue is the restoration of infrastructure,” he said. “That will cost no less than $400 billion and will take from 10 to 15 years”…

 

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