New Romanian Government Promises Shale Gas Moratorium
May. 04, 2012 12:08PM PST
Resource Investing News CNBC reported that Romania’s new government has announced that there will be a moratorium on shale gas exploration in the country.
CNBC reported that Romania’s new government has announced that there will be a moratorium on shale gas exploration in the country.
As quoted in the market news:
The previous government which fell in a confidence vote last week, awarded U.S. petroleum company Chevron Corp. exploration rights of shale gas for large areas near the Black Sea in March, which drew criticism from environmentalists.
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