Jeddah – The richest oil reserve in the world has been located in Saudi Arabia, according to a new geological study.
Geology Professor at King Saud University Abdul Aziz bin Laboun conducted the research which revealed that the zone lying between al-Sahba valley and al-Ramma valley south of Batha border has the world’s largest reserve of black gold.
Both valleys are considered the world’s driest, according to their surface perspective, and carry between them the one of the world’s vast wealth of oil and gas, he told Arabiya.net
The expert said that the designated area is considered the richest in the world with natural resources from gas to oil and it includes the Saudi Ghawar oil field which is the biggest land field, Burgan oil field in Kuwait, which is the second land field and the Safaniya oil field in Saudi which is considered the world’s biggest sea field.
According to the geology professor, there are more than 100 gas and oilfields in a number of Gulf countries, but mostly in Saudi Arabia, making the two valleys the world’s richest with oil and gas reserves.
Experts estimate that oil reserves in this spot to be at 440 billion barrels, which makes it a huge amount in a very narrow geographical spot.
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