Romania to Send Oil and Gas Royalty Tax Law to Parliament in September

Reuters

BUCHAREST, May 25 (Reuters) - Romania's government will send a draft law on royalty taxes for the oil and gas sector to parliament in September, Deputy Finance Minister Dan Manolescu told an energy seminar on Monday.

A plan to tender 36 new concessions for onshore and offshore hydrocarbon licences would be held after the law is approved, the president of Romania's mineral resource agency said.

(Reporting by Luiza Ilie; Editing by Robin Pomeroy)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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