1.

Where are the deposits of Petroleum normally located? Why is called liquid grid?

Answer»

Plate tectonics determines the location of oil and gas reservoirs and is the best key we have to understanding why deserts and arctic areas seem to hold the largest hydrocarbon reserves on earth. But there are other important locations of large reserves: river deltas and continental margins offshore. Together, these four types of areas hold most of the oil and gas in the world today.Due to its high price and lesser availability it is called liquid gold.



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