Posted on 05/16/2006 3:59:44 PM PDT by Flavius
BEIRUT, LEBANON – With Asian economic powerhouses such as China and India aggressively hunting for new sources of energy to fuel their expanding economies, opportunities beckon for sanctions-hit Syria.
Syria's petroleum wealth, although limited by Mideast standards, is attracting the growing interest of oil-hungry Asian nations, even as some American oil majors pull out to minimize their investment risks.
ENERGY BUYER: China's foreign minister (left) inks a trade deal with Saudi leaders during President Hu Jintao's visit to Riyadh, Saudi Arabia, last month. SAUDI PRESS AGENCY/AP
(Excerpt) Read more at csmonitor.com ...
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