Gov't approves concession agreements for 2 oil perimeters to be explored by Lukoil

The Government approved in its weekly meeting two oil concession agreements for exploration, development and exploitation in the perimeters East Rapsodia and Trident of the Black Sea, sealed between the National Agency for Mineral Resources (ANRM) and Lukoil Overseas Atash BV, alongside Vanco International Ltd.According to a release of the Government, each perimeter covers an area of about 1,000 square kilometers, both being located on the Romanian side of the Black Sea. ...

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