Romania: US Chevron to Explore for Shale Gas

Romania: US Chevron to Explore for Shale Gas / Picture: © Chevron

The Romanian Environment Ministry has granted US based Chevron the rights for the exploration of shale gas in three perimeters on the coast of the Black Sea. The Ministry sees no environmental risk at this point. Environment Minister Rovana Plumb announced on Monday that the exloration process will take five years at the minimum before any assessments for deposits of shale gas can be…