Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

Spain to challenge Cantabria's fracking ban in court

Source: Reuters - Fri 24th Jan 2014
Spain to challenge Cantabria's fracking ban in court

Spain's central government will file a legal challenge in the country's Constitutional Court to a fracking ban in the region of Cantabria, it said on Friday.

The central government will argue it has jurisdiction in the matter and that Cantabria's ban violates the national law on hydrocarbons, according to published resolutions from PM Mariano Rajoy's weekly cabinet meeting.

Spain's parliament in November passed an environmental impact law that could open the door to hydraulic fracturing or fracking, a controversial method of extracting shale gas that has not been used up to now in the country.

The method has been banned in France and Bulgaria and lawmakers in the northern region of Cantabria unanimously voted in April to prohibit it on environmental grounds.

Spain imports almost all of its hydrocarbon needs and hopes to develop a potential shale gas field that stretches across the north of the country, from Galicia to the Basque Country, passing through the small region of Cantabria.

This week the European Commission revealed its 2030 energy strategy without barriers to exploring non-conventional, or shale, gas.

Recommended Reading

* Spain passes law that may open the door to fracking

* Spain readies reforms of natural gas market

* Spain sees new fracking law take effect tomorrow

Comment on this Story

Be the first to comment on this Story !!

Related Partners

Recommended Items

Related Articles

Related Blogs