INA has been active in Syria for some time. It exercised its option to extend the exploration and production-sharing agreement (EPSA) signed with SPC in 1998, covering the 4,900-square-kilometre Hayan field, by another two years (MEED 9:8:02). INA has invested some $30 million in exploration over the last four years, and will be required to spend a minimum of $10 million in the next two years.