MAJOR DEVELOPMENT — Discovery of Oil in ISRAEL Ten Times Larger than World Average
Discovery of oil in ISRAEL means the Jewish state could soon produce ‘significant quantities’ of ‘black gold’… and potentially change the face of the Middle East
Vast oil reserves have been discovered in Israel that could transform the country into world energy power and change the face of the Middle East for years to come.
Afek Oil and Gas, an Israeli subsidiary of the U.S. company Genie Energy, said the breakthrough came in the Golan Heights, near the border with Syria.
Yuval Bartov, the firm’s chief geologist, said there was ‘enormous excitement’ about the immense wealth it could bring to the Jewish state, which has long yearned
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