TV News LIES

Saturday, Aug 19th

Last update05:20:13 AM GMT

You are here News International Bulgaria says Chevron cannot use fracking to search for shale gas

Bulgaria says Chevron cannot use fracking to search for shale gas

E-mail Print PDF

Bulgaria bans frackingBulgaria's Cabinet decided on January 17 to amend the licence awarded to US oil firm Chevron, explicitly banning the use of hydraulic fracturing (fracking) technology in the exploration of potential shale gas reserves in the country's northeast.

The Cabinet awarded the exploration permit for the Novi Pazar area in June 2010, but did not specify at that time what technology the company could use. The January 17 decision now limits Chevron to drilling conventional wells only.

After the Cabinet meeting, Economy Minister Traicho Traikov said that Bulgaria would could allow use of fracking once it was clear that it held no risks for the environment. On January 14, several thousand people gathered at protest rallies in Bulgaria's largest cities and towns to protest against shale gas extraction and the use of fracking.

In hydraulic fracturing, oil and gas companies induce fractures in rocks to speed up the release of fossil fuels by injecting highly-pressurized fluid, but the practice is not universally accepted, as it holds the potential risk of groundwater contamination and air pollution.

More...


Most Recent Related Stories...


Finland stabbings: Man shot and held after Turku attacks

Finland stabbingsPolice in Finland say they have shot a man who reportedly stabbed several people in the...

At least 13 dead, 100 injured in Barcelona van attack claimed by ISIS

Barcelona attackThe interior chief for Spain's Catalonia region says three days of mourning have been declared to...

Barcelona attack: Police search for van driver

manhunt on in BarcelonaA manhunt was under way in Spain on Friday for the driver of the van used...

Israeli billionaire arrested in int’l money laundering probe

Beny SteinmetzIsraeli billionaire Beny Steinmetz and acting Bezeq CEO David Granot were among five individuals detained by...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!