Pakistan moves to secure oil supplies with Gulf storage and refinery upgrades
Pakistan is seeking to strengthen its energy security through a proposed Gulf oil storage scheme, $5 billion in refinery upgrades and renewed offshore...
Syria and Russia have signed a memorandum of understanding on the future of Russian bases at Tartous and Hmeimim after 18 months of negotiations, the Syrian foreign ministry said on Sunday.
The ministry said the Syrian state would take over the management of civilian facilities, including Hmeimim airport and the commercial berth at Tartous port, allowing them to be gradually integrated into the country’s civilian administration.
Military facilities would be repurposed as joint training and qualification centres under new arrangements aimed at preserving the interests of both countries, the ministry said. The transition is expected to be completed within three months.
Russia’s naval facility at Tartous and Hmeimim air base have long served as Moscow’s principal military footholds in the Mediterranean and Middle East.
Their future has been the subject of negotiations with Syria’s new leadership since former President Bashar al-Assad was ousted in December 2024.
In a separate statement, Syria’s General Authority for Ports and Customs said the country would take over commercial sites previously operated by Russia at Tartous port, including Pier No. 4 and its associated warehouses and facilities.
Reuters reported last month that Russia was seeking to establish a commercial logistics hub at Tartous port using Pier No. 4, a restricted zone outside the naval base.
The two sides said at the time that the hub would remain under Syrian control, with all operations subject to approval by Syria’s General Authority for Ports and Customs.
An agreement between Iran and the U.S. to reopen the Strait of Hormuz is expected "soon," a U.S. official has said. The deal would result in the resumption of commercial shipping through the sea passage and the lifting of an American naval blockade on Iranian ports.
A deal on a new route for vessels through the Strait of Hormuz is "very close," Iranian Foreign Minister Abbas Araghchi has said, while warning that the reopening of the waterway depends on the U.S. meeting other conditions, including paying compensation to Iran.
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Pakistan is seeking to strengthen its energy security through a proposed Gulf oil storage scheme, $5 billion in refinery upgrades and renewed offshore exploration with Türkiye as global supply disruptions expose its reliance on imports.
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