Energy Qatar and Turkey to send electricity-generating ships to Syria By Reuters January 7, 2025, 2:20 PM Reuters/Khalil Ashawi A woman crosses a street in Damascus. In most parts of Syria, electricity is available for just two or three hours a day Two ships to be sent, says energy official Damage to infrastructure ‘very large’ US issues sanctions exemption Syria will receive two electricity-generating ships from Turkey and Qatar to boost its energy infrastructure, which was badly damaged during the rule of President Bashar Al Assad, state news agency SANA reported on Tuesday. Khaled Abu Dai, director general of Syria’s General Establishment for Electricity Transmission and Distribution, told SANA the ships would provide 800 megawatts of electricity but did not specify over what period. “The extent of damage to the generation and transformation stations and electrical connection lines during the period of the former regime is very large. We are seeking to rehabilitate [them] in order to transmit energy,” Abu Dai said. Assad’s fall spurs calls to revive Iraq-Syria oil pipeline Opinion: Without Assad, Syria is ripe for farming investment Qatar reveals commitment to help rebuild Syria He did not say when Syria would receive the two ships. On Monday the US issued a sanctions exemption for transactions with governing institutions in Syria, to try to increase the flow of humanitarian assistance. The exemption allows some energy transactions and personal remittances to Syria until July 7 – six months after the end of Assad’s rule. The measure does not remove any sanctions. Syria suffers from severe power shortages, with state-supplied electricity available for just two or three hours a day in most areas. The caretaker government says it aims to provide electricity for up to eight hours a day within two months.
Economy Turkey to get $1bn from World Bank for quake recovery Turkey will receive $1 billion (TL35.43 billion) from the World Bank this year to support the recovery of its earthquake-hit regions, a news report said. The total assistance from the World Bank to Ankara will reach $4 billion since the 2023 earthquakes. The World Bank and the International Finance Corporation work jointly on projects involving […] 4 hours ago
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