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    Novinite: NGO Calls for Immediate Repeal of Shale Gas Ban in Bulgaria

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Summary

The Energy Independence Movement, a NGO, has called upon the resigning Cabinet of PM Boyko Borisov and the GERB party to revoke the moratorium on the exploration and extraction of shale gas that it adopted in 2012 after street protests.

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Novinite: NGO Calls for Immediate Repeal of Shale Gas Ban in Bulgaria

The Energy Independence Movement, a NGO, has called upon the resigning Cabinet of PM Boyko Borisov and the GERB party to revoke the moratorium on the exploration and extraction of shale gas that it adopted in 2012 after street protests.

According to Dimitar Ivanov, chairperson of the NGO who spoke at a news conference in Sofia Monday, the GERB MPs can repeal the shale gas ban in the days left of their term before the early elections scheduled for May 12, which would be a sign of an "insightful decisions".

Ivanov stated that there is a "new Cold War" in the world but over shale gas as the new technology for shale gas extraction reduced the natural gas prices in the USA but is strongly opposed by Russia which is the world's top exporter of conventionally extracted natural gas.

"The protests against shale gas in Bulgaria were well orchestrated by people who have a vested interest in Bulgaria remaining an energy dependent country," the head of the Energy Independence Movement added, as cited by BTA.  MORE