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BLACK SEA OIL AND GAS

October 2019   |   Black Sea region

Romania’s ruling party makes key changes to offshore bill

Posted by GBC on 21-09-2018

Romania’s ruling party has accepted in the energy commission of the Parliament two key-changes offshore bill that are favoring major energy corporations investing in Black Sea offshore gas fields.

On August 2, president Klaus Iohannis asked the Parliament to re-examine the controversial draft bill that regulates the development of offshore energy projects.

Romania’s head of state says the draft bill has to be re-analyzed by the Parliament from the perspective of the legal stability and predictability on the long term.

Source: Business Review

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