SI
SI
discoversearch

Gold/Mining/Energy : Big Dog's Boom Boom Room

 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  
To: Dennis Roth who wrote (168130)5/7/2012 11:40:21 AM
From: Dennis Roth1 Recommendation  Read Replies (1) of 186732
 
Czechs eye moratorium on shale gas exploration
reuters.com

The Czech Environment Ministry is planning to put up to a two-year moratorium on granting licences for shale gas exploration until new legislation is put in place, the ministry said.

During the moratorium, the ministry would look at preparing geological and mining legislation that is clear for potential exploration companies.

"Existing Czech legislation is not prepared for such technically complicated research like there is in the case of shale gas," the ministry said on its website.

The ministry cancelled a provisional shale gas exploration licence for Australian-based BasGas in April, saying a government commission made legal and procedural errors during the application process.

The company's owner, Hutton Energy, told Reuters it may consider pulling out of the Czech Republic due to an uncertain regulatory landscape.
[snip]

-----

Once again what's being banned here are not plans for wide spread shale gas production but
exploration to find out if there is anything there worth exploiting.
Report TOU ViolationShare This Post
 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  

Copyright © 1995-2014 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.