No shale gas production in the next five years, Romanian PM says

Romania will not exploit its shale gas reserves in the next five years, but beyond this point it will have to ensure its energy independence, as well as the Republic of Moldova’s, Romanian prime minister Victor Ponta said amid a flaring debate in the country on the impact of shale gas extraction which saw sporadic bouts of violence.

“For now and for the next five years, Romania will not exploit a single cubic metre of shale gas. Secondly, when I look at the European map and I see all our neighbours – except for Bulgaria which has probably made a political and not necessarily a technical decision – have issues about shale gas exploration licences. Over the next five years, Romania has to come up with the most modern and performing environmental legislation so that, if in five years we are going to start the production, we shall have all the guarantees,” Ponta said in an interview with the state radio broadcaster.

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