PM Grindeanu meets ExxonMobil, OMV Petrom representatives, says Gov’t will support hydrocarbons offshore production

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PM Sorin Grindeanu has met on Tuesday, at Victoria Palace, the representatives of the consortium made up by ExxonMobil and OMV Petrom, assuring them that the government will support the investment projects to develop new sources of offshore hydrocarbons.

“The Prime Minister stressed the government’s openness and determination to support the investment projects to develop new sources of offshore hydrocarbons, in order to ensure Romania’s energy security, as well as to harness the energy resources, in a competitive and lasting way,” a government release informs.

The same release quoted PM Grindeanu as saying that “the government is firmly committed to ensure the necessary regulation framework to attract and develop such projects in Romania. These projects ensure the access to updated technologies, know-how transfer, support Romania’s energy security and meet the need to promote investments in the oil and gas sector.”

Economy Minister Mihai Tudose and government secretary general Mihai Busuioc informed that the technical teams with the inter-ministerial committee will continue to work in order to ensure the necessary technical support, so that these pioneering projects are implemented, the release also reads.

On March 2, the government approved a memorandum on establishing an inter-ministerial committee for technical support to the projects aiming the Black Sea.

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