Breaking News | Romania’s Chamber of Deputies to vote law on offshore oil and gas today

Romania’s Chamber of Deputies is expected to vote a very important law today, which sets the rules for offshore oil and gas exploitation in the Black Sea. This law is essential for the investment decisions related to the gas discoveries in the Black Sea. The financial stake is huge, as these investments could amount to USD 15.7 billion between 2018 and 2040 and could bring EUR 40 billion extra to Romania’s GDP, according to Deloitte. The law draft initiated by the Government was voted by the Sen...