 "Daily Post (Liverpool, England)")
|
Survey reveals 90bn barrels of Arctic oil.(News)
From:
Daily Post (Liverpool, England)
| Date:
July 25, 2008
| COPYRIGHT 2008 MGN Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
|
AROUND 90 billion barrels of oil and a third of the world's undiscovered natural gas lie beneath an area north of the Arctic Circle, according to a new survey.
It accounts for about a fifth of the world's recoverable oil and natural gas reserves; 13% of the oil, 30% of natural gas and 20% of natural gas liquids.
The US Geological Survey called the region, which includes parts of the United States, Russia and Canada, "the largest unexplored prospective area fo...
