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Saudi Arabia finds new gas field in Red Sea

it is that big and probably much more bigger, they don't announce it, these discoveries were made long time ago but it was kept undeclared and they now announced about some of it.

sorry i was not accuare about the 20%-25% because i was writing from my memory about 4 months old news, it is estimated to be around 18% "officially" in the ones that are "declared".

here is the links

Saudi Arabia seeks Red Sea energy resources - The National

Saudi Arabia may consider drilling for oil in western province

Aramco has not released any estimates on the hydrocarbon potential in the Red Sea but its current studies have revealed a speculation that reserves under the seabed could contain as much as 50 billion barrels, which could eventually increase the kingdom’s reserves by another 18 per cent.

there are much more gas and oil in Saudi Arabia than what people think.

Well , there are obvious reasons for that ... Keeps the prices stable , the Kingdoms makes more profit ... Win-Win situation for all OPEC countries ... If they release the details of the discoveries they have made , the price of oil will go down ...

There's nothing to be sorry about ... Would be called " humans " if we do not make mistakes ? :lol: ... A near 20% increase is a massive one ! So the oil isn't running out , it is yet to be untapped ...

I am sure there is ...
 
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:tup::tup:

lol..will the oil wells ever dry up in Saudi Arabia ??? nope..dont think so :)
 
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