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2015-10-09 digital edition

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October 9, 2015  RSS feed
World News

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Major oil reserves discovered on Golan Heights

JERUSALEM (JTA) – Oil reserves that reportedly could provide for Israel’s needs for many years has been found on the Golan Heights. The reserves were found in the southern Golan following a year of drilling, the Afek Oil and Gas company announced Oct. 6.

“We are talking about significant quantities,” Yuval Bartov, Afek’s chief geologist, told Channel 2 News.

The rock could potentially hold billions of barrels and provide for all of Israel’s oil needs for many years, according to Channel 2. In addition to opposition from environmental groups, the geopolitical situation could create obstacles. Israel captured the Golan Heights from Syria in 1967 and annexed it in 1981, a move not recognized by the international community, which considers the strategic plateau occupied territory.

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