Bloomberg reported that Chevron has received a boost on Lithuanian shale-gas exploration plans with support the country’s President, despite opposition from residents and other government officials.
As quoted in the market report:
Lithuania needs to find out to how far its shale-gas reserves can go as an alternative to Russian natural gas, spokeswoman Daiva Ulbinaite quoted the president as saying today after a meeting with Jay Johnson, Chevron’s head of Eurasia, Europe and Middle East exploration and production, in the capital, Vilnius.
|Get the top stories on resource investing FREE! Learn what is going on before you buy from this FREE Special Report, Who is Kitco? to US Mint: Sold Out! – Top Articles from Resource Investing News.|