facebook
twitter
search
search

Syrian energy next sanctions target?

Aug. 5, 2011 at 7:21 AM

BRUSSELS, Aug. 5 (UPI) -- European diplomats alluded to the possibility that more sanctions could be brought against the Syrian energy sector as the crackdown continues, a source said.

The U.N. Security Council issued a statement this week condemning Syria for its crackdown on anti-government demonstrators. Some members, like the United States, pressed for a resolution though opponents said they were concerned about the possibility of creating a protracted crisis like the one in Libya.

A diplomat in the European Union familiar with the talks at the United Nations said there were proposals circulated that included diplomatic language alluding to the Syrian energy sector.

"At least one member state spoke of the possibility of enlarging sanctions in future to much broader economic measures," a source told the EUobserver. "The words 'oil' and 'gas' were not mentioned. But this was an allusion to the oil and gas area."

Syria exports crude oil to European countries. The 150,000 barrels of crude exported each day provides Damascus with around 30 percent of its federal revenue.

Security Council members said they would review the status of the Syrian crisis next week.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
Compact cannon for British armored vehicles
Ford recalls 432,000 North American vehicles over software bug
Aetna to acquire Humana for $37 billion in cash, stocks
New Zealand military receives medium heavy military trucks
BBC to lay off 1,000 people to make up for $234M in lost revenue