RE: Trading suspended17 Jun 2019 18:07
Translation of the article, that was posted on twitter...
Petišovci: Halted gas production, sued by the state
The regional director of Ascent Resources Dejan Božic said that Slovenia violates international law, so they will seek justice in Slovenian and international courts and request millions of damages. Slovenia is also accused of lack of respect for a foreign investor.
After the Ministry of Environment and Space (MOP) dismissed the complaint from Geoenergo and endorsed the agency's decision on the environment (ARSO) that for the intended procedure for the maintenance of the production of mineral resources in the area of cadence communes of Centiba And the Petišovci carry out environmental impact assessments and obtain environmental consensus (OVS), we also asked the applicant, the British company Ascent Resources, to comment. They replied that, together with the company Geonergo, the decision of the environmental ministry is still being investigated. "It is initially noted that the MOP did not take into account the views of the six national Slovenian professional institutions, who believe that the implementation of the environmental Impact Assessment (PSC) is not necessary for the planned procedure for stimulation of Pg-10 and PG-11A. The decision of the Ministry was taken without a proper professional and comprehensive assessment of all the arguments, "said the regional director of Ascent Resources Dejan Božic.
"The decision of the environmental ministry is very damaging to the project and for the interests of Slovenia. We will do all that through damages actions on the Slovenian and International court to investors fully recover the inputs, "said the director of Ascent Resources Colin Hutchinson.
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