L
LequteMan
Guest
Algeria's energy minister says a new oil field containing an estimated 1.3 billion barrels has been discovered.
Youcef Yousfi told the state news agency Saturday that the discovery near the large oil fields in the southern region of Hassi Messaoud is one of the most important in the last 20 years.
He added the state oil company, Sonatrach, will rely on unconventional techniques to extract 50 percent of the reserves, including hydraulic fracturing, also known as fracking.
Source: Yahoo news
Yahoo news: http://news.yahoo.com/algeria-announces-major-oil-discovery-195257655--finance.html
Youcef Yousfi told the state news agency Saturday that the discovery near the large oil fields in the southern region of Hassi Messaoud is one of the most important in the last 20 years.
He added the state oil company, Sonatrach, will rely on unconventional techniques to extract 50 percent of the reserves, including hydraulic fracturing, also known as fracking.
Source: Yahoo news
Yahoo news: http://news.yahoo.com/algeria-announces-major-oil-discovery-195257655--finance.html
