Wednesday 18 January 2012

Shale gas: Bulgarian government caves in to pressure from Gazprom and greenies

The government of Bulgaria appears to work hard in order for the country to retain its position as the poorest country in the European Union. Otherwise it is difficult to understand why the center-right coalition has decided to cancel a shale gas exploration permit it had granted to Chevron last May. In addition, it is reported that it is preparing a ban on hydraulic fracturing.

Bulgaria´s former masters in Russia - and the greenies, who oppose all reasonable energy projects - must be smiling.

1 comment:

A K Haart said...

Bad news, but at least it won't go away!