The Assad regime and the Democratic Union Party (PYD) have agreed to share the revenues of the oil extracted from the areas controlled by the Assad regime in the northeastern province of Hasakah, Anadolu Agency reported on Wednesday.
Local sources told Anadolu Agency that the Assad regime and the PYD control nine oil fields in Hasakah province, three of which are active.
Approximately 30,000 – 35,000 barrels of oil per day are being produced from nearly 350 small oil wells in the oil fields of Swaidiya, Rmeilan, and Karajok.
The sources added that the PYD has recently handed over the control of oil production in the Rmeilan area to the Assad regime after signing a revenue sharing agreement.
According to the agreement, the Assad regime will receive 65 percent of the oil production revenues in Rmeilan, while the PYD will get 20 percent. The remaining revenue share will be given to the Arab forces that are responsible for the protection of the fields.
The oil produced from the fields is transported to the refineries located in the province of Homs. Husam Katirji, a prominent Syrian entrepreneur and a close associate of the Assad family, oversees the oil transfer.
Hasaka province, along with the province of Deir Ezzor to the south, contain Syria’s largest oil fields, the largest of which are the Rmeilan and Swaidiya. (Source: Syrian Coalition’s Media Department + Agencies)