Lithuania Regulates Shale-Gas Work, Chevron Tender Advances
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Lithuania strengthened environmental restrictions for using shale-gas and shale-oil technologies as a state body recommended the Baltic country issue a first license for such work to Chevron Corp.
New regulations, among other things, require an environmental impact study and public consultations before exploration can start, the Environment Ministry in Vilnius said on its website. It said a tender commission today suggested the government grant rights to the U.S. energy company’s local unit because “legally no other decision is possible.”