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Syria says 3 oil, gas facilities hit in possible drone attacks

No claim of responsibility for near-simultaneous strikes in Homs region, but war monitor says IS likely behind attacks; Syrian oil ministry says some ‘production units’ damaged
Near-simultaneous attacks believed to have been carried out by drones hit three government-run oil and gas installations in central Syria, state TV and the oil ministry said Saturday.
No one claimed responsibility for the attacks, which targeted the Homs oil refinery — one of only two in the country — as well as two natural gas facilities in different parts of Homs province.The Britain-based war monitor the Syrian Observatory for Human Rights said sleeper cells of the Islamic State jihadist group were probably responsible.
Observatory director Rami Abdel Rahman said he believed the attacks were the work of IS, which has proved it remains capable of operating in both government- and Kurdish-held areas despite its loss of the last redoubt of its self-proclaimed caliphate to Kurdish forces in March.
A few hours earlier, IS fighters had attacked an army garrison in a gas facility east of Homs, killing four civilians and 13 troops or militiamen, the Observatory said.
Syria has suffered fuel shortages since earlier this year amid Western sanctions blocking imports, and because most of the country’s oil fields are controlled by Kurdish-led fighters in the country’s east.
State TV said it believes the attacks were carried out by drones and happened at the same time. It said a fire at the Homs oil refinery was soon put under control. The report said the Rayan gas facility and a third installation, also in Homs province, were hit.
Syria’s oil ministry said the attacks damaged some “production units” in the facilities. It said fires were being fought, and that repairs were already underway in some places.
https://twitter.com/kaisos1987/status/1208293438917140481
The city of Homs and its suburbs have been fully under Syrian government control since 2017. However, some parts of the province near the border with Jordan remain in rebel hands.
In June, sabotage attacks damaged five underwater pipelines off the Mediterranean coastal town of Banias in Tartous province.
Syria’s oil imports dropped in October 2018 and shortages began in early 2019, largely the result of tighter Western sanctions on Syria and renewed US sanctions on key Syrian ally Iran.
Before the Syrian conflict erupted in 2011, the country exported around half of the 350,000 barrels of oil it produced per day. Now its production is down to around 24,000 barrels a day, covering only a fraction of domestic needs.
In September, a drone and missile attack in Saudi Arabia hit the world’s largest crude oil processing plant, dramatically cutting into global oil supplies. Saudi Arabia says “Iranian weaponry” was used. Iran denies its weapons were involved.
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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