Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:00the total, meaning all prices in Syria, and
00:00:03this is one of the risks of stopping commodity subsidies and moving towards
00:00:07other forms of social
00:00:10Syrian network. Our vision is that one support, that as long as these prices have not been reduced, meaning food
00:00:14and fuel transportation, there will be a significant increase in
00:00:17prices
00:00:23rate is very high. If you look at company executes the contract. Therefore, we went with that will transform some social classes into vulnerable classes once again, as if we are entering closed
00:00:25circles.
00:00:29Of course, of course, especially in agricultural areas because
00:00:33in agricultural areas diesel is used not
00:00:37generation capabilities. Of course, from only for heating but also for
00:00:40agricultural production in general. Diesel is heavily
00:00:45for our study of this consumed in Syria for transport, for agriculture, for small economic institutions,
00:00:49and for heating. It is really a glaring
00:00:52and strange political mistake.
00:00:55Of course, it is very understandable that there is pressure from rising global
00:00:59prices, it is understandable that the state does not have
00:01:02large capabilities, but all of this happened as a result
00:01:06of a technocratic decision. I want to draw attention to a very
00:01:10important additional issue that we discovered, meaning that the world has not discovered
00:01:13it yet, and it cannot see it now, which is the political dimension of economic
00:01:17decisions. The economy
00:01:20that are happening on is very much concerned with politics, lines, in addition to people's infringements on and politics is very much concerned with economics. You cannot
00:01:23let a few technocrats make economic
00:01:27the increase is decisions that have such a great impact on society.
00:01:30The state will have to pay the price politically, just as the state
00:01:33paid the price this week. So if the state wants to protect itself, if it wants to protect
00:01:374000 megawatts will enter the interests of society, then it must involve
00:01:40a much wider part of the Syrian
00:01:43political
00:01:45back. We must forces, the local Syrian forces, the economic
00:01:49actors must have a real role in economic decision-making, especially
00:01:52in such cases. Hmm. This is a very
00:01:56important point. I will convey it to you, Doctor. Who
00:02:01should participate in shaping
00:02:03heating purposes. This is what these economic policies? I mean, we see that there is a layer of
00:02:07economic elite that meets with the government,
00:02:09meets with President Ahmed Al-Shara, and
00:02:13then there is an announcement of certain investments,
00:02:16but at the union level, at the professional level, at
00:02:19the level
00:02:21of workers, at the level of farmers, do
00:02:24you think there is real
00:02:25production, three and a half times participation now?
00:02:54energy should not
00:03:07processing industries in From the memory of war
00:03:09phosphate and processing industries in
00:03:11electricity situation, because if we were to order it from the voice of the future emerges not a narration of a past
00:03:15that has passed, but
00:03:1718 cents for gas at the birth of a new
00:03:19something else, which led to a voltage present. A platform that opens
00:03:23horizons and asks
00:03:26electricity gas. And in fact, this is big questions about the state, about society, and about tomorrow.
00:03:31Questions that do not shy away from the truth
00:03:35appear to you in the next and do not compromise on courage. The Third
00:03:39Republic, visions
00:03:41and to be brought and supplied and a voice in which everyone participates on Syria TV.
00:03:4522 dollars per
00:03:55I see a plan to rebuild power, distributes it to Syria, and the streets are being
00:03:59paved. And electricity will return 24/7.
00:04:02And I see that this is true, but only
00:04:06on paper. Syria will return stronger than before, and the economy is
00:04:10recovering. The students are returning to
00:04:12a high cost in schools. A bright future, as
00:04:16I see it. Umm, very bright. Come see the darkness
00:04:20and the selling price. Also, in where I am. Half of the ninth-grade students have failed. No, but I see
00:04:23a glimmer of hope, and people are
00:04:28million cubic meters of gas time for planting and resisting and laughing. I mean, there is hope. We are the generation of change. What change? What are we going to change
00:04:31if there is no electricity or water? Wait, wait. I see
00:04:35national reconciliation and new
00:04:38understandings with neighboring countries. I see division
00:04:40and decentralization and federalism. You can't
00:04:44be optimistic even a little bit. Wait a minute, this
00:04:48is your cup, not mine. Yes, by God, I am
00:04:51Ward, and wait for me in the program Akhward on Syria
00:04:55TV. And the second
00:04:56one, wait for her.
00:04:59And regarding
00:05:30the distribution networks, also 29% of their length is unavailable
00:05:34in villages and towns affected by the war.
00:05:38And during the blessed Syrian Revolution, also the substations.
00:05:41We have 458 substations. 423
00:05:4566. 17% of these stations are out of service.
00:05:49Also, regarding generation, we have 12 stations, meaning
00:05:53about 37% of the capacity is out
00:05:55of service, meaning it is not available for generation, whether
00:05:59stations that went completely out of service like the Zizoun station, the Muhardeh station during
00:06:02the past period, or stations that had large
00:06:06groups out of service, like the Aleppo station which had five groups.
00:06:10All five groups went out of service, but two of them were rehabilitated
00:06:13later. Now we have three out of service. The reality
00:06:17of electricity since the beginning
00:06:20of liberation has been one of decline, followed by gradual recovery.
00:06:24When we entered Damascus, when we entered
00:06:27Damascus, the generated capacity was 915 megawatts.
00:06:31These were the connection hours that reached homes, and
00:06:35those who were in Damascus and other governorates know this. The connection hours
00:06:39were from one to two hours daily in winter, perhaps
00:06:42in spring there would be more pressure on the load, so it would become
00:06:46more than possible, four or five hours, but it was from one to two hours
00:06:50of electricity coming to homes. And the generation volume
00:06:52was 915. Currently, the generation volume with hydropower
00:06:56is 3500 megawatts, which led to a number of connection
00:06:59hours from 18 to 20 hours in most
00:07:02Syrian governorates. This picture
00:07:05refers to Damascus on the day of liberation,
00:07:09when the generation was 915 megawatts. And
00:07:13on the screen is Damascus now, after raising
00:07:16generation to 3500 megawatts, the
00:07:20number of connection hours has become from 18 to 20 hours, in addition to
00:07:23feeding industrial cities with sustainable
00:07:26electricity 24 hours a day to develop industry
00:07:30and economy and economic development.
00:07:34So, practically, we have tripled
00:07:38the generation. The main challenges of groups going out of service are in the
00:07:42generation sector, in addition to the shortage of spare
00:07:45parts, as we mentioned, warehouses and the difficulty of securing them and their limitedness.
00:07:49And honestly, there is a very important issue, that today
00:07:52the electricity, the substations that went out of service,
00:07:54sometimes they need, not sometimes,
00:07:58most of the stations that we want to bring from outside are new manufacturing, meaning according to the required specifications.
00:08:02It takes from a year and a half, sometimes to two years for substations to
00:08:05be brought to Syria.
00:08:09So, for example, Deir ez-Zor had a shortage in generation, a conflict,
00:08:13or they had one substation, the Al-Taym station. We had to
00:08:16move a station that was in Syria and not in use to
00:08:20there so that we could improve the
00:08:23China or elsewhere, and we are Syrians, meaning essentially,
00:08:27it takes from a year and a half to two years for
00:08:30large power plants to be secured. And therefore, this is also the same story
00:08:34regarding large solar energy projects. I mean, now we want to say why solar energy
00:08:37projects might have been delayed until they started, or now
00:08:41we have delivered about nine projects, the lands to companies. Also, substations
00:08:45need time. These solar energy projects need substations for
00:08:48infrastructure. They need contracts
00:08:53from abroad. Recovery and rehabilitation of existing generation capabilities. Raising
00:08:57the readiness and returning capabilities. We have the Jandar station, we raised it from 200 to
00:09:01850 megawatts. The Deir station, 700 megawatts, maintenance work after
00:09:05one of the groups was out of service. Also, the Muhardeh station, after
00:09:09a stoppage of about ten years, we returned one of the groups,
00:09:12100 megawatts, to service. The strategic plan
00:09:16for generation, in reality, we have the Deir Ali station. We have a new expansion
00:09:19for it, God willing, it is a group of 750 megawatts. Also, the Tishreen Thermal
00:09:23station, we started it and signed a contract for 98 million
00:09:26dollars, consisting of two groups, each group 200 megawatts, meaning
00:09:29400 megawatts. From the date of signing the contract, meaning approximately the end
00:09:33of the year or the beginning of next year, during the first quarter, we will receive the first group of 200
00:09:37megawatts, and in the second quarter, we will receive the second group of 200 megawatts, making it 400
00:09:41megawatts. In the middle of next year, these 400 megawatts will enter service. One of them
00:09:44will enter service in the first quarter, and one of them will enter service in the second
00:09:48quarter. The Rastan station is a station that was started by
00:09:51Mobana company and stopped
00:09:54working due to the victory of the blessed Syrian Revolution.
00:09:58It is currently in negotiations with companies to complete
00:10:02this station. It is 526
00:10:04megawatts. Aleppo has three groups out of service
00:10:07now. We requested bids, and they were awarded
00:10:10to a Turkish company for 115 million
00:10:14dollars, after approval of the technical conditions. We received a lower
00:10:18bid, but it was technically non-compliant with the technical
00:10:21conditions. Meaning, this station will give me
00:10:25efficiency. Instead of the station's return being 100%, through
00:10:29this Turkish company, the second company that gave us a lower bid, and this is
00:10:32one of the points within the law that allows rejection of the technically
00:10:36non-compliant bid, they are giving us less than the value of the station's
00:10:40return. Meaning we will lose 10 megawatts in each group if the other
00:10:46the second company for 115 million dollars, and God
00:10:49willing, the contract
00:10:51might be signed by the end of this year. By the end of the year, the contract
00:10:55will be under signing, and it will need time for
00:10:58execution. Strategic projects to expand
00:11:02the beginning, we know that Syria's generation capacity and energy needs in 2030
00:11:05will double due to economic
00:11:08development and the return of factories and industrial facilities. Therefore,
00:11:12and all of our stations are dilapidated, many of them are dilapidated and their
00:11:15return is low. Therefore, we proceeded with signing a contract to build
00:11:18four new gas-fired combined-cycle
00:11:21plants. These four plants, one of them in Muhardeh, one of them
00:11:25in Aleppo, and one of them in Deir ez-Zor, God willing. Imagine Deir ez-Zor governorate
00:11:29still has no power plant. There is one in Suwaydiyah towards Al-Hasakah, and it is very
00:11:33small. So we will build a new power plant in Deir ez-Zor, and we have started it.
00:11:36We have prepared the land with the companies, God willing. So these four
00:11:39plants will be one in Aleppo, one in Zizoun, the old
00:11:43station that was destroyed, one in
00:11:47of course Deir ez-Zor at Al-Taym, and in Muhardeh
00:11:49and in Aleppo, Al-Turaifawiyah area, and Zizoun with a capacity
00:11:53of 4000 megawatts, God willing. Three of them will be ready in
00:11:572029, and one of them will be in 2030, God willing. These
00:12:02the network, and also there are renewable
00:12:04energy projects. We signed about
00:12:084000 based on the energy mix, 4000 megawatts of solar
00:12:12and wind energy, 2500 solar energy and
00:12:151500 wind energy. We have in Wadi Al-Rabi' in rural Damascus 200 megawatts. Of course,
00:12:19we handed over the land to the company, and Al-Farkalus 200 megawatts, and Al-Taym also
00:12:23in Deir ez-Zor 300 megawatts, and Aleppo
00:12:25300 megawatts. We have a generation strategy. We signed
00:12:28a contract with a company to study the energy mix in Syria from wind
00:12:32energy, geothermal energy, solar energy, and
00:12:35fossil energy. So we reached 2500 megawatts of solar energy and
00:12:391500 megawatts of wind energy. This is in addition to
00:12:41generating an energy mix that could be 8000 in
00:12:452030. This ideal energy mix
00:12:47for energy in Syria. I would like to point
00:12:51out that those who say that renewable
00:12:54energies are a solution, of course, they are
00:12:57a large part of the solution, but they need time for implementation. We signed the contracts
00:13:00and delivered nine sites to the companies with whom we signed the contracts,
00:13:04but it is said that we can rely heavily on solar
00:13:08energy. Syria has a lot of sunshine and a lot of wind.
00:13:11There are technical issues with energy.
00:13:14Electrical engineers, specialists, and technicians know that the amount of renewable
00:13:19exceed 20 to 30% depending on the stability
00:13:22of the grid, of the total generation. Therefore, in some
00:13:26countries, this percentage was exceeded and caused
00:13:29some problems related to blackouts. If you remember the story
00:13:33of Spain and Portugal last year, there was a complete blackout,
00:13:37which was due to the energy mix and renewable energies, and large groups
00:13:41of renewable energies going out of service due to clouds or
00:13:44drop, which led to a complete blackout in the region. Therefore, there are
00:13:48precise technical studies that determine the energy mix. We
00:13:51signed a partnership with a private company to study the energy mix, and
00:13:55they have currently given us the first draft, which is 2500
00:13:58megawatts of solar and 1500 megawatts of wind, in addition to 8000
00:14:01megawatts of fossil fuels, which is after the entry of
00:14:05UC company and transmission stations. The most prominent
00:14:08challenges for the transmission network, as we mentioned earlier, we have about 29%
00:14:11out of service from transmission lines. There is a decrease
00:14:15in readiness, difficulty in securing equipment, spare parts,
00:14:19and towers are not manufactured locally, they are all imported. Syrian towers are high
00:14:22voltage towers. So when a tower goes down, some time ago,
00:14:26the electricity in Idlib and rural Aleppo was taken from Turkey. On the day of the
00:14:29storm, four towers fell there. The electricity remained
00:14:33out for 18 days for four fallen towers. So the issue is not
00:14:36a matter of energy and towers. It took 18 days for them to
00:14:40rehabilitate the towers in Turkey. Our region and part of their region were out of service,
00:14:43so it took them that long to rehabilitate those towers. Therefore, the issue of towers and transmission
00:14:47lines needs a long supply
00:14:51and procurement and studies. And this is what we are working on, and thank God,
00:14:55we have rehabilitated about 7 to
00:14:578% of the transmission lines, including the regional interconnection line that
00:15:01we are currently working on with Turkey, and the regional interconnection line with Jordan,
00:15:05which was funded by the World Bank, and they
00:15:08conducted tenders, and the tenders were awarded to companies, and they are under implementation. Rehabilitation
00:15:12and development of the transmission network and stations. We worked on about
00:15:14156 km of high-voltage lines, 8
00:15:18km of 400 kV lines, and 16 km
00:15:21of 230 kV and 132 km of 66 kV lines and seven stations.
00:15:25Two substations of 66
00:15:28kV and 230 kV, and five substations. All of this was completed during
00:15:31the past period, in addition to the Aleppo 400 kV substation.
00:15:35Rehabilitation of the station and upgrading the number of products. Regarding
00:15:38the issue of distribution, distribution networks, you all
00:15:42live in neighborhoods, in alleys, and in streets, and you see the reality of the dilapidated
00:15:48day we will introduce private companies for distribution, but
00:15:51for now, the legislative framework is not ready. This is one. Second,
00:15:55we are in the process of changing the electricity law.
00:15:57Second, this will be an additional
00:16:01burden, either on the state or on the citizen.
00:16:04Meaning, initially, the state might bear it. This private
00:16:08company will make a profit from distribution. Therefore, we initially
00:16:11postponed the matter until the transmission company recovers.
00:16:14We also signed a contract with a Saudi
00:16:18company to build a command and control system
00:16:23command and control system for the company and implementing the
00:16:26SCADA system. Its cost is about 60 million dollars to manage the Syrian
00:16:30network smartly. Which groups need to enter service, which
00:16:33stations, and so on. All of this is through control systems, God willing,
00:16:37we are approaching it during the coming
00:16:40period through the company, the contract that was signed to conduct the study with the Saudi
00:16:44company. Also, the same thing, the high losses. We have large losses, whether
00:16:47due to losses in our dilapidated stations, generation
00:16:50and transmission stations, in addition to the network
00:16:54the networks, thefts, and infringements the Syrian
00:16:58network. We have worked on developing and replacing distribution
00:17:02networks. 784 km of medium and low
00:17:05voltage lines have been replaced and rehabilitated.
00:17:09Their details are in front of you so that we don't prolong it. Also, 861
00:17:13operations of equipping and replacing transformation centers. Transformers in
00:17:16861 transformation centers were equipped
00:17:19during the past period. And we expanded the subscribers' base with existing
00:17:23meters since long ago.
00:17:25We are moving towards smart meters for electricity and water, and this is one of the questions
00:17:29we were asked about. We signed a contract with the Saudi
00:17:33meters company to supply smart meters, and we have actually started supplying and installed
00:17:36experimental meters. We will start this year
00:17:40with 300,000 meters in Damascus and Idlib. Next year,
00:17:43we will start in all governorates with the beginning of next year, God willing,
00:17:46we will expand to all governorates. This year, it is
00:17:5030,000 to also build a command and management center
00:17:53for these meters and to
00:17:57read the reality. We had a problem with the smart meters, they will work on cards, they will work on
00:18:02Wi-Fi, they will work on the communication network. This
00:18:05means it will make it easier for citizens to charge and pay and bill,
00:18:09and these issues will reduce our losses
00:18:11and waste. Also, this is regarding
00:18:15smart meters. Electricity tariff reform. In fact, regarding
00:18:18the electricity tariff, as we mentioned earlier
00:18:21in the previous session,
00:18:25we had a production of 6 million cubic meters of gas, which was
00:18:28enough to generate about
00:18:31950 megawatts, possibly with some fuel that was available, because we have
00:18:35problems also in substations.
00:18:38Their efficiency is not very good. Generation stations, that's why we went
00:18:42towards the new stations that we talked about. This
00:18:45electricity was generated through this gas. There was no
00:18:49gas purchase, nor did we come. Industrial cities requested
00:18:52electricity. Tourist and commercial establishments requested
00:18:56electricity. So we said we must improve the electricity situation
00:18:59in Syria. We must move towards buying
00:19:03what we worked on. We started buying gas, and we said that 740
00:19:07million dollars is the price of gas, a debt
00:19:11of SPC company on the electricity company,
00:19:14a debt of SPC company on the electricity company SEC
00:19:17until yesterday, 1.65
00:19:21billion dollars, because the one who buys
00:19:24the gas is SPC company. It is the one that buys the gas and delivers it to the electricity
00:19:28company. The electricity company generates
00:19:31people, collects revenues, and pays
00:19:35SPC company for the gas. But the collected revenues, first, we have losses
00:19:38that we bear. We have losses in generation and transmission stations,
00:19:42which we talked about earlier. We are rehabilitating them. We have losses and waste
00:19:45due to infringements and thefts, and it is our duty to control these thefts. We have
00:19:50gas, in buying gas. So we have
00:19:54a large gap between the cost of production
00:19:57production itself and import, we talked about our need
00:20:00of 24 million, and we are producing about 8.5
00:20:05daily. So the purpose of the adjustment was sustainability,
00:20:09sustainability of gas purchase, for me to have a financial return. The second goal is
00:20:12to relieve pressure. We had a problem. We can give a simple
00:20:16comparison. When we bought gas and received the grant from
00:20:19Qatar, which we just talked about, thank you, the number of electricity
00:20:23connection hours became about eight hours. It was
00:20:26two hours, it became eight hours at the beginning. If you remember, these eight hours in rural
00:20:30Damascus, for example, electricity would come for two continuous hours, or in any
00:20:34governorate. So there was a load on the transformers.
00:20:38We would see today that such and such a transformer exploded, and today such and such a line failed,
00:20:41and it worked. So why did we have a very large consumption
00:20:45of energy? Before, it would come for an hour and then be cut off for seven or eight hours,
00:20:49and the lines would cool down. And the transformers and so on. Now it comes for a long time, so it no
00:20:52longer cools down, so there was an additional load. So this is one of the reasons that called us to
00:20:56say, "People, reduce consumption." So the tariff issue was one of the technical
00:21:00reasons also to relieve the burden on the transformers and lines,
00:21:03as they are also dilapidated. God willing, we will reach an integrated
00:21:07system with smart management,
00:21:09with an appropriate load for the citizen,
00:21:13and for us, we have the ability to secure the appropriate gas for it.
00:21:17Reducing waste and losses is also preparing the sector for investment
00:21:21and increasing capacities. Converting to smart meters to enhance fairness of
00:21:24measurement. We have a pricing equation. When we calculated,
00:21:28this is our question now, that there should be a subsidized segment. When we
00:21:32sat, of course, dozens of workshops were held with
00:21:35engineers, technicians, and people from the community and governors.
00:21:38I mean, with the governors, several sessions were held, three sessions
00:21:42with the governors regarding the electricity tariff and studies.
00:21:46And we were planning at first four segments, then three segments, then two segments, and
00:21:50and until we reached the final formula. How much did
00:21:53we say at first, a segment of 300 kilowatts per cycle, which is 300 kilowatts, meaning
00:21:56150 kilowatts per month. 150 kilowatts. We calculated that
00:22:00this is the subsidized segment, which now costs us approximately, since
00:22:04we are buying in dollars and we calculate it in dollars,
00:22:07its cost is about four and a half, or we priced it
00:22:11at four and a half cents per kilowatt-hour.
00:22:14150 kilowatt-hours per month results in a bill of
00:22:176.5 dollars for someone who consumes 150 kilowatts of electricity
00:22:20per month. 150 kilowatts. We brought the devices, measured,
00:22:24calculated, and gathered the engineers. It turns out that 150
00:22:28is enough for electricity, lighting, for lighting,
00:22:32for the refrigerator, and for the washing machine. I mean, I am
00:22:35providing basic needs. I did not talk about heating.
00:22:38150 basic needs. I mean, when we talk about a low-income
00:22:42family, this is their need. This is the need for lighting
00:22:45and the washing machine and the refrigerator. Right?
00:22:48Now we come to heating and other
00:22:53we adopted, it is within the second segment. Within the second segment, that
00:22:57whoever wants to use it for heating, if I give him another segment for heating,
00:23:00electricity will not return for three or four hours. One of my friends,
00:23:04a member of parliament,
00:23:06mentioned that, "God bless you, you brought electricity to Damascus for 20 hours, but
00:23:10it's expensive." He said that you brought it for 20 hours, but it's expensive.
00:23:14We told him that this phrase, "but it's expensive," is what brought it here, because it contributed to rationalization
00:23:18and contributed to buying gas. So, ladies and gentlemen, we were
00:23:21able to move towards an easy solution. An easy solution, as
00:23:24I mentioned yesterday to the journalists at the press conference,
00:23:28that one of the easy solutions is to go towards this
00:23:31gas that I have. I cannot afford to buy it. The Ministry
00:23:35of Finance cannot afford to finance me, and I have no production other than this, just like the old
00:23:39regime used to burn this gas that comes to us, distribute it, and it would last for two hours.
00:23:43I asked him, "How did you heat before?" He told me, "We used blankets
00:23:46and I don't know what." So,
00:23:50is this true for a certain segment? Yes, that's why this
00:23:53first segment is for lighting, the refrigerator,
00:23:57and the washing machine. The second segment, which we are talking about, was
00:24:0111 cents. How much does it cost us? It costs
00:24:04the Syrian Electricity Company
00:24:07the energy prices that I set, which is 9 dollars per
00:24:11MMBtu, which is our price as a Syrian
00:24:14company, as the Ministry of Energy, between the Syrian Petroleum Company and the Syrian
00:24:17Electricity Company. The price of gas is nine. The million
00:24:22British thermal units. What is its price in the world
00:24:24market today? Today, this 18 cents is at
00:24:28that price that was set. Today, its price is 22 dollars.
00:24:32We are buying gas today for
00:24:35MMBtu. All global markets are experiencing
00:24:38jumps in energy prices and gas prices. Therefore, we will
00:24:42have to reduce the purchase of 2 million
00:24:45cubic meters. Of course, this will result in a reduction in electricity
00:24:49service, because the electricity company's deficit is 1.65
00:24:52billion dollars owed to the SPC company. So the collection
00:24:56rate in Damascus was good. The collection rate
00:24:58in Damascus. Of course, we don't fully see the collection rate
00:25:01because the first cycle remains open
00:25:05until the end of the year, so people might pay all cycles together
00:25:08at the end of the year. But the percentages
00:25:11for the first cycle, after we raised the electricity tariff in Damascus, were 72%
00:25:15collection. This is a good number. In Aleppo,
00:25:1976%.
00:25:22Yes, and the people of Aleppo are all good people, God willing. 76%
00:25:25collection rate in Aleppo. In Tartous,
00:25:29also a similar rate. In some governorates, the collection rate is
00:25:32very low, weak. Yes, the collection
00:25:35rate is very low. This collection
00:25:39rate affected the company. If there is good collection, the company
00:25:42will buy gas, the service will remain, the service will improve, not remain.
00:25:46The service will improve accordingly. And the company. You don't want the full price of gas.
00:25:49Pay attention to what I am saying. I am saying that we are supporting
00:25:52electricity. It costs us 18, and we are selling it for 11 for the second
00:25:56segment. The first segment we are selling for four and a half, meaning at cost price
00:26:00and generation, and so on. So this is the existing pricing
00:26:04equation. Even industrial and commercial are subsidized
00:26:07at today's energy prices. When we set it, industrial
00:26:11and commercial were, let's call it, breaking even. Meaning there was
00:26:14a balance in energy prices, production,
00:26:18and consumption. Today, industrial, commercial, and residential, the second segment
00:26:21is subsidized. The subsidy
00:26:25the rates, 75% for the first segment,
00:26:2842% for the second segment, 30% for those exempted from the technical
00:26:32part, which are the golden lines, and 26% for industrial and high
00:26:35voltage, which are the melting plants that consume a lot of energy. Even they are subsidized.
00:26:38We set them with a small profit margin. Even they are now heavily
00:26:42subsidized at current energy prices. So the electricity subsidy rate
00:26:46is between 26 and 75% due to the rise in energy carriers
00:26:50and gas and fuel in general. The strategic
00:26:52goals are to rehabilitate transmission lines
00:26:56and substations, increase generation, and we have started this with
00:27:00the contracts we signed. Increase solar energy
00:27:03and rehabilitate and introduce renewable energies, rehabilitate networks
00:27:07and transformation centers, and continue reform in tariff
00:27:10measurement. Of course, this tariff, God willing. If we have
00:27:13sufficient production and achieve self-sufficiency,
00:27:17it might be a suitable definition for the company. But now, with the purchase of energy
00:27:20and the global price increase, it has become very burdensome
00:27:23for the company. So, reducing gas purchases is the only
00:27:27solution because
00:27:29absolutely unbearable. Many people said, "Please reduce
00:27:33electricity to four, five, or six hours and relieve
00:27:35us." This is not agreed upon.
00:27:39Of course, this does not build an economy in this way. Industrial cities have started and launched,
00:27:43and factories are consuming energy. I can't give you electricity anymore. This is not going
00:27:48continue to buy gas, and if the Ministry of Finance supports us, and I have spoken to them,
00:27:51we need an increase in the allocation of foreign currency to buy
00:27:54gas, fuel, and energy.
00:27:57Hopefully, in the coming period, we will be among the priorities
00:28:01they have. The strategic goal is to build a central command
00:28:04and control center for the network, with the aim of achieving the stability of the electrical
00:28:07system. We can quickly and geology sector, as it doesn't really touch on people's
00:28:11go over the mining needs. It's an economic sector. We have
00:28:1538 billion barrels of oil reserves, 2 billion of phosphate,
00:28:18and 300 of volcanic ash. I'm giving you these numbers. This presentation, God willing,
00:28:22we will provide you with it so you can look at all the numbers that are possible, or any questions, God willing,
00:28:26through the energy committee, we are ready to
00:28:29provide data about it. Even regarding the budgets, God willing,
00:28:33there are ready budgets. One of the brothers asked about the
00:28:36budgets for all companies. There will be a full detailed
00:28:39explanation, God willing, that we will provide you with regarding all the investment
00:28:42budgets and current budgets,
00:28:45consumption, surplus, income, and loss. Now, electricity has declared a loss of 1 billion and 650
00:28:49million. The electricity loss until today, meaning it was 8
00:28:53billion and 300 million. As of today, it's 1 billion and 650 million
00:28:57dollars in electricity loss. The most prominent challenges in the mining
00:29:00sector are the same challenges everyone faces: human resources,
00:29:03equipment, and infrastructure. Our
00:29:06vision is to move towards
00:29:11silica and mining, so that we don't just export raw materials.
00:29:15We export raw materials and have processing industries
00:29:19for the minerals in Syria. Our geological
00:29:23activity includes 1302 field trips, 2700
00:29:26tests, 1400 licenses, 93
00:29:29industrial licenses, and 1090 investment
00:29:32contracts. So these are some of the data that might
00:29:37slide. Developing and investing in mineral resources, as we said,
00:29:41is our plan for the coming phase.
00:29:45We have a set of strategic goals for gradually transitioning to exporting
00:29:49raw materials in their primary form, developing phosphate production, updating surveys,
00:29:52and so on, among the goals we have set. You can also view them. We don't
00:29:56want to bore you. Drinking water and sanitation sector. We
00:30:00have 5007 water sources, about
00:30:0365% of network lengths, and 123 wastewater treatment
00:30:07plants. Unfortunately, all wastewater treatment
00:30:10plants, or most of the wastewater in Syria, goes
00:30:14into rivers, lakes, and seas. Therefore,
00:30:17establishing treatment plants is a priority for us. First, they are a water
00:30:21resource for agriculture, and second, they reduce pollution
00:30:24of our water bodies and our running water. God willing, we have included this in the plan
00:30:28and put it in the investment plan. God willing, it will be
00:30:30approved by the Ministry of Finance and Parliament
00:30:34after it is presented to them, that they approve
00:30:37five stations in each governorate. If we set a plan this way, God willing,
00:30:41within a few years we will have finished the issue of sanitation.
00:30:44We are currently working on the Adra station, God willing, we will re-qualify
00:30:47it again. We have the Aleppo station, its cost is 400 million dollars,
00:30:51the station located in Ramousah.
00:30:53This is also one of the priorities, and we are currently working on marketing
00:30:57it to the World Bank and some institutions or