RESTON, Va., April 12 (UPI) — U.S. geologists say approximately 122 trillion cubic feet of undiscovered natural gas is in the Levant Basin province in the Eastern Mediterranean region.
The U.S. Geological Survey says the gas is “technically recoverable,” meaning it is available using current technology and industry practices.
The assessment is the first USGS survey of the basin to identify potentially extractable resources, officials said.
“The Levant Basin province is comparable to some of the other large provinces around the world and its gas resources are bigger than anything we have assessed in the United States,” said USGS Energy Resources Program Coordinator Brenda Pierce. “This assessment furthers our understanding of the world’s energy potential, helping inform policy- and decision-makers in making decisions about future energy supplies.”
The USGS said it conducted the assessment as part of a program directed at estimating the undiscovered, technically recoverable oil and gas resources of priority petroleum basins around the world.
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