The BG Group drilled two wells in 2000: Gaza Marine-1 and Gaza Marine-2. Reserves are estimated by British Gas to be of the order of 1.4 trillion cubic feet, valued at approximately 4 billion dollars. These are the figures made public by British Gas. The size of Palestine’s gas reserves could be much larger. […]…
Month: January 2009
Countries in tug-of-war over Arctic resources
One of the planet’s most fragile and pristine ecosystems sits atop a bounty of untapped fossil fuels.