Bulgaria's Shale Gas Hydrofracking Moratorium Partially Lifted
Bulgaria's Parliament decided to partially lift the moratorium on hydraulic fracturing in natural gas and oil exploration and extraction.
The moratorium is only lifted as far as conventional gas extraction is concerned, Economy and Energy Minister Delyan Dobrev pointed out. The use of the hydraulic fracturing technology is still banned for shale gas activities.
"The extraction of local gas is 40% cheaper. I hope that you support this text, since it would be a clear message that we want reasonable gas prices and energy independence. The ban in the moratorium is perfectly clear. Points 2 and 3 show that shale gas research and extraction are banned," Dobrev told the Bulgarian Parliament.
A total of 92 MPs supported the amendment, while 12 voted against and 6 abstained from voting.
The Bulgarian parliament adopted on January 18 an indefinite moratorium on hydraulic fracturing. The decision followed a wave of environmental protests.
On January 17, the Bulgarian government revoked a shale gas exploration permit granted to Chevron for deposits in Northeastern Bulgaria, citing the insufficient proof of the environmental safety of hydraulic fracturing.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Bulgarian Energy Holding: BGN 50 Million Loan for Mini Maritsa Iztok
- » Bulgaria's PM Borissov Arrives in Athenes Where Will Be Signed the Contract for Gas Terminal Near Alexandroupolis
- » Half of Bulgaria's Capital Sofia Without Electricity Due to an Accident
- » General Electric Co Signed Agreement Valued at Over $1.2 Billion with the Iraqi Ministry of Electricity
- » Executive Director of the Bulgarian Energy Holding Jacklen Cohen Resigns
- » Bulgarian PM Borissov Inspected the Construction of the Interconnector with Greece