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The map shows the EEZ of the Arctic Ocean and the claims for land near the North Pole. The map is from the University of Durham.Denmark will be self-sufficient with oil and gas, at least until 2050. These new numbers are much higher then anticipated.

This is the view of Peter Helmer Steen, director of the state oil company Nordsøenheden.

The Danish Energy Organization had already predicted that Denmark would be self sufficient until 2020, so if true this news is fantastic for the energy conscious country.

Steen states that with better technology this is possible and because new oil reserves are in Danish territory in the Arctic.

Denmark has great belief for oil in the Greenlandic ocean, and other areas as well.

Source: DRK