Loading ...Romanian natural gas producer Romgaz, based in Medias,received, from the National Agency for Mineral Resources (ANRM) the approval to prospect the Black Sea continental shelf, after the Economy Minister, Adriean Videanu, has announced ever since April that it will try to introduce the state company in the available areas in the Black Sea, after the ruling of the Court in the Hague early this year, that granted Romania the property right over a wide perimeter of the shelf.
The permit for prospecting Muridava East has not been granted by auction and that denies Romgaz the right start exploiting the area.
“An auction was unnecessary because the prospecting permit is not the equivalent of a leasing right. We will not make any work in the Black Sea but only conduct some studies.
Following these studies, we will decide whether to participate or not in the auction organized by the ANRM, for the exploration of those perimeters,” Business Standard daily quoted Lucian Stancu , Romgaz deputy managing director, as saying.
Romgaz is currently holding half of the Romanian gas production market. The other half is held by Petrom.
Loading ...
Comentează acest articol