Greenland may be sitting on big offshore oil reservesSedimentary basins off the island’s southwest coast could match the 45 billion barrels of North Sea reserves Gary Park PNA Canadian Correspondent
Greenland could be next in line to join the Arctic’s oil-producing regions, with reserves matching those of the North Sea.
The staggering scope of the sedimentary basins covering about 40,000 square kilometers off the island’s west coast were outlined by Hans Kristian Schoenwandt, head of Greenland....
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