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Inside Investor

ROMANIA: Moratorium on Shale Gas Exploration Ended

ROMANIA: Moratorium on Shale Gas Exploration Ended

Bottom Line: Romania has officially ended its moratorium on shale gas exploration, and now it will take 3-5 years to accurately assess the potential here. The game is not over, however, and strong opposition to fracking remains. 

Analysis: The moratorium was scheduled to end in December 2012, but the government was considering whether to extend it. Last week, the final decision was…

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