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Madagascar: First barrels of oil for next year




Madagascar: First barrels of oil for next year
The mining Petromad Company announced to be able to produce for next year, barrels of oil, in the south-west of Madagascar, in the heart of deposit of Behaza to Tulear.
 
An oilfield which contains in its basement a natural reservoir estimated at approximately one billion barrels of black gold.
 
23 wells will be located on site and for the extraction of oil will be primarily used to supply the local market, to reduce the price of the galloping gas pump.
 
As a reminder, according to the United States Geological Survey (USGS), the Mozambique Channel wills undoubtedly in the future, the new Eldorado for black gold, with basements soaked in liquid rock, with reserves comparable to deposits of the Persian Gulf.



Antso Rajaona


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