Romania News Watch: Romania not to exploit shale gas in next five years: PM
Romania will not exploit shale gas at least in the next five years, yet efforts must be made to secure its energy independence by using the domestic production, Prime Minister Victor Ponta Thursday told the state radio station.
"For the time being and in the next five years, not a single cubic metre of shale gas will be exploited in Romania," said the prime minister to Radio Romania Actualitati,
xplaining that "in the next five years, Romania has to set in place the best performing and most up-to-date environmental protection legislation, so that we may have all the guarantees in place if shale gas will really be exploited in five years' time."
According to him, shale gas exploitation has to be put in the context of Romania securing its natural gas demand from its own resources.