Energy-starved Armenia has promising geology but big transport challenges

Journal Article · Mon May 22 00:00:00 EDT 1995 · Oil and Gas Journal

OSTI ID:52051

Wheaton, J R ^[1]; Bain, R J; Gray, G D; Shahnazarian, A A; Wheeler, H E

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1. Mariposa Petroleum Co., Sacramento, CA (United States)

Identified geological prospects in the Republic of Armenia are large enough to contain possible reserves of 6 billion bbl of oil and 6 tcf of natural gas. The question is whether these resources will ever be developed. Lacking capital, and with no means of exporting the oil and gas to generate capital, the Armenian government`s alternatives are limited. This article presents the circumstances in which Armenia finds itself, the steps taken to date in the process of developing the country`s oil and gas resources--including results of a study of the size of those resources--and a possible solution to the dilemma.

• OSTI ID: 52051
• Journal Information: Oil and Gas Journal, Vol. 93, Issue 21; Other Information: PBD: 22 May 1995
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
03 NATURAL GAS
ARMENIA
PETROLEUM DEPOSITS
NATURAL GAS DEPOSITS
RESOURCE DEVELOPMENT
CONSTRAINTS
RESOURCE ASSESSMENT
RESERVES
PETROLEUM
NATURAL GAS
MAPS
EXPLORATION
STRATIGRAPHY
LITHOLOGY
PETROLEUM GEOLOGY
ENERGY POLICY
INVESTMENT