DRC: Israeli Billionaire Finds 3 bln Barrels of Oil in Congo

Aug 7, 2014 | Peter Jones, Reuters
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KINSHASA - An oil company owned by Israeli billionaire Dan Gertler said on Thursday it had discovered around 3 billion barrels of oil in the Democratic Republic of Congo, an amount similar to the proven reserves of oil producers Britain and South Sudan.

The crude was discovered around Lake Albert on Congo's eastern border with Uganda, Oil of DRCongo said in a statement.