A US official said on May 27 that President Joe Biden’s administration decided not to extend the exemption allowing Delta Crescent Energy to operate in northeastern Syria according to former President Donald’s commitment to `keep the oil`.
The US Treasury Department prohibits most US companies from doing business in Syria.
`We stay and keep the oil,` Trump said at a press conference in November 2019.
US officials said the Trump-era message of `keeping oil` is no longer the foreign policy of the Biden administration.
US armor patrols near an oil field in northeastern Syria in October 2019.
Delta Crescent Energy was founded in 2019, the founders include former US ambassador to Denmark James Cain, former army special forces officer James Reese and former CEO of Gulfsands Petroleum John Dorrier.
Exploitation facilities in northeastern Syria are what remains of the oil industry in the Middle Eastern country after years of war.
Trump has repeatedly talked about maintaining US troops in Syria to protect oil fields, but the former president’s aides have repeatedly denied the idea that the US is trying to profit from oil resources in the region.
The White House press office declined to comment on the decision or specific permits, including confirming their existence.
Former US Secretary of State Mike Pompeo in July 2020 admitted that the Kurdish government in northeastern Syria reached an exploitation agreement with an American oil and gas company.
Bassam Tomeh, Minister of Petroleum and Mineral Resources of Syria, said on March 18 that `the US and its allied Islamic terrorist groups are stealing oil` from this Middle Eastern country, saying Washington is controlling 90% of it.
`The Americans and their allies are targeting Syria’s oil resources. Their oil tanker convoys are no different from bandits,` Tomeh said.
