Report: Suncor Ready to Comply with Syrian Sanctions
Suncor Energy Inc. (SU.TO), down about 5% in today sell-off for energy companies, reportedly is reviewing new U.S. sanctions imposed on the Syrian government Thursday, with a spokeswomen telling Reuters the company will comply with "whatever sanctions come out."
Suncor operates the Ebla natural-gas project in Syria with the state-owned General Petroleum Corp. The U.S. government moved Thursday against Syrian President Bashar al-Assad following several months of escalating violence, banning Syrian petroleum products and freezing the country's assets in the United States.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.