OMV Petrom has not made a decision on Black Sea investments, main obstacle – the legal framework

The current legal framework does not offer the needed premises for an investment decision worth billions in the Neptun Deep block, Petrom informs in the report on the first quarter. “We are still willing to see the Black Sea deposits developed and we will continue the dialogue with the authorities in order to understand the steps ahead,” the company says. At the end of March 2019, the Government approved Emergency ...

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