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    Romania Gives Chevron Shale Go-Ahead

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Summary

US energy major Chevron can begin shale gas exploration in Romania after authorities there had a change of heart.

by: AL

Posted in:

Natural Gas & LNG News, News By Country, , Romania, Shale Gas

Romania Gives Chevron Shale Go-Ahead

US energy major Chevron can begin shale gas exploration in Romania after authorities there had a change of heart.

The authorities have said the multinational can now go ahead with work in the east of the country.  Chevron began exploring for natural gas trapped in shale rock formations in Romania in 2010.

Regional newsagencies reported that the Romanian senate last week rejected a motion banning shale gas exploration. Prime Minister Victor Ponta, who took office in May, had proposed the legislation when his party was in opposition. However, Ponta recently said he supported shale gas, according to the Romanian agency Hotnews.

"Exploration, yes. After confirmation of the existence or non-existence of shale gas, which would take appreciatively five years, we will take the decision which presumes yes, we will exploit shale gas, while respecting all European and world standards for environmental protection," Ponta said.

"We have delivered the certificates because this is what legislation requires us to do," the head of Vaslui county council Dumitru said.

The U.S. group had "on several occasions applied for the certificates and a refusal on our part would have been an abuse."  Buzatu was among protesters who marched again Chevron last year.

Chevron is now required to obtain a construction permit before it can commence drilling.

"Chevron continues to work with the Romanian government to permit and execute activities within concession areas," the company said, stressing all its activities "have, and will continue to be conducted in compliance with Romania laws, EU requirements and stringent industry standards."

Romania's ruling centre-left coalition in power since May had slammed the previous - centre-right - government's decision to grant Chevron and other oil groups concessions to prospect for shale gas.

But Ponta recently said shale gas tapping should be approached in a "serious, positive way," adding he was in favor of exploration.