Chevron Has Yet To Finish Romania Shale Gas Assessment

U.S. energy major Chevron (CVX.N) has yet to complete an assessment of Romania’s natural gas potential from shale, it said, one day after the country’s prime minister said “it looks like we fought very hard for something that we do not have.” Prime Minister Victor Ponta said on Sunday, in the middle of a presidential […]

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U.S. energy major Chevron (CVX.N) has yet to complete an assessment of Romania’s natural gas potential from shale, it said, one day after the country’s prime minister said “it looks like we fought very hard for something that we do not have.”

Prime Minister Victor Ponta said on Sunday, in the middle of a presidential campaign ahead of a Nov. 16 runoff, that Romania has fought hard to discover shale gas that apparently does not exist, without elaborating.

“Chevron is analyzing the data gathered during its drilling and seismic operations to further understand the resource potential of natural gas from shale,” Chevron told Reuters.

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REUTERS

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