April 12, 2012
EU Divided Over Shale Gas and Oil
Jamestown Foundation, Jamestown Foundation
Potential large shale gas deposits in Europe have raised hopes that the old continent may in the future rely less on oil and natural gas imports from Russia. However, fears of potential environmental effects of hydraulic fracturing and the lack of a clear policy by the European Union have led to the suspension of shale gas exploration in France and Bulgaria in the past year. In April, environmental protests spread to Romania raising concerns that shale gas exploration could be stalled in yet another EU state.
TAGGED: oil, energy, European Union, shale gas