Rock oil reserve discoveries attract the attention of thousands of people in Türkiye and the world. Because the reserve can help create new business opportunities. In addition, it can be useful in supporting economic growth by providing independence in energy production.
However, some problems such as environmental effects and sustainability may limit its contribution to the economy in the long run. Therefore, the discovery may include both opportunities and risks.
On the other hand, the Chinese oil company Sinopec has recently announced that there are millions of tons of rock oil reserves.
Rock oil reserve found
Sinopec, a Chinese oil company, announced that there are 140 million tons of rock oil reserves in Shandong state.
In the recent announcement from the company, Ciyang Kaya Oil of the Oil Field of Shingli was found to have a new reserve in the national application zone.
In the continuation of the statement, more than 1 million tons of rock oil has been removed so far.
Will increase employment
Rock oil reserve; Production, drilling, engineering and construction sectors can increase the demand for labor. This supports employment. On the other hand, local suppliers can create new job opportunities in affiliated industries such as logistics and service sector. However, the continuity of this increase may vary depending on the development of rock oil production technologies and environmental factors.
As a result of all this, it is estimated that there will be an employment boom with the recent discovery.
In addition, although there is a large amount of rock oil reserves, the mentioned reserve is the most difficult and cost -effective oil source to reach geological terms. In addition, rock oil is only 1 percent of China’s crude oil and production.
