The Persian Gulf island nation of Bahrain says it has discovered its largest oil field since the country’s first oil well began operation nearly 90 years ago.
The government said Sunday that the new resource is “understood to dwarf Bahrain’s current reserves.”
Details about the initial findings of size and extraction viability are to be released by the Oil Ministry at a news conference Wednesday.
Bahrain says the tight oil and deep natural gas field was discovered off the west coast of the island in the Khaleej Al Bahrain Basin.
The non-OPEC producer extracts oil from an offshore field it shares with Saudi Arabia and the onshore Bahrain field. https://www.cnbc.com/amp/2018/04/02/bahrain-discovers-largest-oil-field-in-country-since-1932.html?__twitter_impression=true [ATTACH=full]164940[/ATTACH]
https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcTvPWDZlRz_VbDAs5MqSYO9m6__iJMtpA_caDdGU0KoFa34LDdn
Hope they’re ready for some freedom and democracy!
:D:D:D
They better start to prepare for some democracy schooling
:D:D:D
:D:D:D:D This one kills me all the time
First production was 90 years ago, then American firms are already there.
Nowadays having oil in your country is more of a curse than a blessing.
Bahrain is ruled by a puppet monarch regime which kisses American ass. Just like her other neighbors.
They don’t kiss by choice, they kiss through necessity. Mwenye nguvu hupishwa kokote.
True considering the monarchs are Sunni yet the majority of the population there I think are Shia. So, America has to turn a blind eye on Shias getting mistreated to ensure Iran does not influence local politics.
Indeed. They did the same thing in Saudi Arabia. Things like human rights and fair trade only exist when you have the might to bargain.
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Should we still prepare for the same.
Tight oil…ergo shale ergo not necessarily viable. Bahrain hosts the biggest US naval base in the ME,home of the 5th fleet.
And gender equality and environmental protection lectures.
Kumbe tuko wengi tanajua their tactics of invasion. Very encouraging.
:D:D:D…Haki nyinyi watu mtaniuwa na hizi picha zenyu!
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America,an oil company with an army
:D:D:D:D:D:D