After confronting the biggest challenge in its history, Room refuses 100,000 million buried under water. Although renewable sources in the world are increasingly present, oil remains a crucial source for the development of people’s lives.
As admitted When“Around 100 million barrels of crude oil are consumed every day” and this figure will rise in the short term. In this context, oil reserves are seen as a precious possession by a large number of countries.
Almost RoomIn the waters that the coasts of Baden MoroccoThis source takes into account. In fact, a story that has treated him has already crossed the borders lately. Weeks ago, various media repeated a new discovery that refers to an important oil determination Room It will not explode.
Spain lets the exploitation of an oil site pass
The tank found would have 1,000 million barrels of oil, enough to meet all the demand for crude oil for two years. However, the observations registered various inconveniences, because this alleged discovery only houses oil, but not in the surface.
Jorge NavarroVice -president of AGEMP (Association of Spanish geologists and geophysics of Petroleum) and professor of the Polytechnic University of Madridsaid one eleconomista.es that “there was not such a discovery, something we have clarified since then AGPAP At that time ”.
“Everything originated from a wrong interpretation of potential resources (ie not discovered) that was provided by the British company Europe Oil & GasOperator of the Inezgane permit on the coast of Agadir (Morocco)“, He explained.
What happened at an informative level is all about a document made by Europe Oil & Gas To make a partner interested in financing the drilling of a exploration pit, located in the offshore by Moroccooff the coast of Agadir. “This type of document known in oil jargon as farmis used to offer the sale of participation in a permit to other companies, “he said Navarro.
Morocco has not found any new oil: yet Spain did not want it
“The sum of the volumes is 1,670 mmboe of the five prospects for the primary lens,” says Navarro. A number that is even larger than what is published in different media. However, these figures can never be classified as a discovery.
If this at some point this number of crude oil Room For at least three years, a year longer than the time estimated at media level. However, the teacher emphasizes that to attach this volume of oil so high (more than 1,600 barrels of oil) would have been needed Drilling 5 prospects.
In other words, 5 exploratory wells. Everyone should have given positive results when analyzing the estimated oil figures. Although this context is theoretically possible, it needs a substantial investment and a high level of exploratory success.
“By not attracting a company that is interested in participating in the exploration, Europe Oil & Gas She was forced to give permission. This was due to the fact that the next exploration phase was demanded, as part of the contractual obligations with the National Office of Hydrocarbons and Mines of Morecocos (Onhym)Drilling an exploratory well, a commitment that the company could not fulfill due to the lack of financial capacity. And thus ended the history of the Inezgane permit, “said the professor.
Spain rejected the largest oil line
Even when this “new” discovery was believed, Room He rejected this oil line that assured that he could generate more than 100,000 million euros. Spain has not given any priority to hydrocarbon exploration for decades. Since 2014, it has only issued two exploratory permits, both in the interior of the country and Aragon y Asturias.
According to Ministry of Ecological transitionCurrent legislation prohibits the emergence of new hydrocarbon extraction projects, with existing farms limited to 2042, as governed by the Law 7/2021 on climate change and energy transition.
On an ecological level, Room It is a European leader in the generation of renewable energy. A position that is obtained by moving oil and betting on green sources, even reject 100,000 million. A clear proof of what his future will be is in Galicia, part of the country that wants to be ‘reference’ in the use of renewable energy sources.