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    Sweden bans fossil fuel extraction in symbolic move

Summary

The country does not currently produce any oil, gas or coal.

by: NGW

Posted in:

Complimentary, Natural Gas & LNG News, Europe, Corporate, Exploration & Production, News By Country, Sweden

Sweden bans fossil fuel extraction in symbolic move

Sweden's government announced on June 8 it had banned the extraction of oil, gas and coal, even though the country does not produce practically any hydrocarbons at present and has only negligible reserves of them.

The government said that by introducing the ban, which will come into effect at the start of next month, Sweden would lead the way in accelerating the climate transition. It will also introduce tighter rules for extraction from alum shale.

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