International companies expect to start concessions in 28 oil perimeters in Romania

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By Edwig Ban
During a press meeting, Stephen Birell, president of the Association of Oil Exploration and Production Companies of Romania (ROPEPCA), stressed that oil companies from all over the world are waiting for the start of the XI round of oil perimeter concessions in Romania.
In July 2019, the National Mineral Resources Authority announced that it is offering by public appeal the concession of the 28 perimeters exploration, development and exploitation operations in the XI round of tenders.
Stephen Birell pointed out that, although the National Mineral Resources Authority (ANRM) declared the XI Auction Round open as early as last summer, the announcement has not yet been published in the Official Journal of the European Union.
Asked if there is interest from the oil sector for these perimeters, he replied: “Absolutely, yes! I have presented this in the meetings we have had with various groups, in the EU and in the United Kingdom, and one of the groups includes 63 of oil companies. There are interested companies and money available for these investments. The problem is stability and predictability, “according to Agerpres.
ANRM announced last year that the land perimeters are located in different regions of Romania (Transylvania, Muntenia and Moldova) and have an area of 653-1,098 square kilometers. The 6 offshore perimeters in the Black Sea have areas between 802 and 914 square kilometers.
The 28 perimeters are: E XI-1 Maramures West, E XI-2 North East Transylvania, E XI-3 East Transylvania, E XI-4 South Transylvania, E XI-5 Getica West, E XI-5 Getica West, E XI-7 Moesia 1, E XI-8 Moesia 2, E XI-9 Moesia 3, E XI-10 Moesia 4, E XI-11 Moesia 5, E XI-12 Moesia 6, E XI-13 Moesia 7, E XI -14 Moesia 8, E XI-15 Muntenia North East 1, E XI-16 Muntenia North East 2, E XI-17 Muntenia North East 3, E XI-18 Moldova 1, E XI-19 Moldova 2, E XI-20 Moldova 3, E XI-21 Moldova 4, E XI-22 Moldova 5, E XI-23 Black Sea 1, E XI-24 Black Sea 2, E XI-25 Black Sea 3, E XI-26 Black Sea 4, E XI-27 Black Sea 5, E XI-28 Black Sea 6.
The previous round, the X Round, was carried out during the period 2009-2010, when ANRM tendered the concession of 30 oil perimeters, of which 12 onshore and 18 offshore.

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