Portugal’s reputation as an oil producer has, so far, been limited to the tasty green stuff you pour over salads and sardines. That could be about to change, writes Paul Ames for politico.eu
The country may be sitting on untapped reserves of petroleum and natural gas, some onshore but most beneath its extensive territorial waters. There’s no commercial production yet but test wells indicate there’s oil down there, perhaps plenty of it.
The above content produced by algarvedailynews.com is not intended for commercial use and may not be republished by third parties either wholly or in part unless permission is sought and granted and the source credited.