Discovery of an oil deposit estimated at 80 billion barrels in Bahrein

The Sheikh Mohammed Ben Khalifa Al-Khalifa, Bahrein’s Oil Minister, just confirmed the discovery a new Oil field which would contain almost 80 billion oil shale barrels. « Some assessment exercises are ongoing in order to estimate exactly the quantities of oil shale and gas we can exploit  in this deposit », stated the Cheikh Mohammed Ben Khalifa Al-Khalifa, in a press conference.