Bulgarian Party Outraged with Chevron Sponsorship of National Day Reception

Domestic | February 20, 2012, Monday // 16:55|  views

Image by VMRO's press office

The Bulgarian nationalist VMRO party has expressed its outrage with the fact that US company Chevron is involved in a reception on the occasion of Bulgaria's national holiday, March 3.

The party has received an official invitation to the event that is to take place in Washington DC. The logos of three companies can be seen in the invitation, including Chevron, which VMRO deems as scandalous.

Bulgaria's Foreign Ministry should answer to weather corporation logos should appear side by side with the Bulgarian coat of arms, VMRO has said in a statement.

The party points out that Chevron has been suspected of trying to make a lobbying impact on Bulgaria's political process.

The company was interested in shale gas research and exploration in Bulgaria. In the summer of 2011, theBulgarian cabinet granted the US energy giant a permit to explore for shale gas in a large segment of north-eastern Bulgaria.

However, on January 17, the Bulgarian government revoked a shale gas exploration permit granted to Chevron for deposits in Northeastern Bulgaria, citing the insufficient proof of the environmental safety of hydraulic fracturing. The decision followed a wave of protests organized by environmentalists and citizens across the country.

On January 18, the Cabinet imposed an indefinite ban on hydraulic fracturing, a method which involves injecting a mix of water, sand and chemicals at very high pressure deep underground to crack rock and release oil and gas.

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Tags: Chevron, shale gas, reception, VMRO, national holiday, hydraulic fracturing


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