The key issue: The Romanian government sparked outcry late last year with changes to its oil and gas legislation that put Black Sea development projects – and the BRUA pipeline – on hold. Industry sources say these complaints have not fallen on deaf ears.
Interfax analysis: Mounting pressure from IOCs interested in producing gas from deepwater prospects in the Black Sea is forcing the Romanian government to rethink its controversial new oil and gas legislation.
A number of well-placed industry sources, including one close to Romanian offshore...
Stay informed with exclusive, accurate and up-to-date energy news, analysis and intelligence. Sign up for 7-day trial access to this and more premium content. It's free!