Energy-starved Armenia has promising geology but big transport challenges
Journal Article
·
· Oil and Gas Journal
OSTI ID:52051
- 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, Journal Name: Oil and Gas Journal Journal Issue: 21 Vol. 93; ISSN 0030-1388; ISSN OIGJAV
- Country of Publication:
- United States
- Language:
- English
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