Israel Oil Discovery in the Golan Heights: Massive Reserve Could Meet Domestic Demand
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(Worthy News) – A company drilling for oil on the Golan Heights claims to have found “significant amounts” in the plateau.
“We’re talking about a layer 350 meters thick,” Yuval Bartov, chief geologist of Afek Oil and Gas, a subsidiary of the American company Genie Energy, told Channel 2.
The layer is ten times larger than the average oil find worldwide, Bartov said, “and that’s why we’re talking about significant amounts. What’s important is to know that there’s oil in the rock, and this we know.”
Three drilling sites on the Golan have uncovered what is potentially billions of barrels of oil, enough to fulfill the Israeli market’s 270,000-barrel-per-day consumption for a very long time, the report claimed. [ Source ]
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