Law establishing how Black Sea gas is exploited Monday in plenary session of the Chamber of Deputies – Essential



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The Chamber of Deputies will debate Monday, at 16 hours, the draft measures for exploitation of gas from the Black Sea. The PSD leader, Liviu Dragnea, drew attention to the fact that the biggest risk for Romania would be that the gas does not cross the country and only helps the development of other states, writes Mediafax.

The Chamber of Deputies is a decision-making body. necessary for the implementation of oil operations by holders of offshore oil.

The legislative initiative, passed by the Senate on February 12, regulates the implementation of oil operations by offshore oil-field owners.

"The bill establishes certain measures necessary for the implementation of petroleum exploration, development, exploitation and abandonment operations, as well as well operations / works. of petroleum produced by offshore hydrocarbon oil holders in accordance with the provisions of petroleum agreements concluded between the owners and the National Mineral Resources Agency, hereinafter referred to as NAMR, "Article 1, paragraph 1 1 of the bill passed by the senators.

With regard to the regulations concerning the exploitation of natural gas in the Black Sea, PSD Chairman Liviu Dragnea stated on 3 July that the most important thing is that production be used for the reindustrialisation of Romania. The Social Democrat leader added that the greatest risk would be that the gas just crosses the country and helps other developing countries

. "The first set of conclusions will be drawn by the Commission of Industry, they also asked for points of view The Committee on Budget and Public Administration are two objectives to be taken into account: the two objectives, and the committee's colleagues are seeking the best balance between the strategic interest of the effective start of gas operations in the Black Sea offshore Black Sea perimeters and the legitimate desire of Romania, on the one hand, to To have financial gains, but on the other hand what has not been discussed in the public space and which seems to me as important or perhaps most important, an important part of natural gas production from the Black Sea for Romania's reindustrialisation and economic development, we have these rich natural resources, they only transit through Romania and contribute to the economic development of other countries s, starting with Hungary and so on. And then I think the most important issue is how, first and foremost, not to be zero, as requested, "said Liviu Dragnea, president of the PSD.

He added that It would never support all natural gas resources.The Black Sea will be sold outside Romania, only on the basis of "bilateral contracts".

"I have sent to my colleagues in the Commission that I would never personally argue that all Black Sea gas is sold only on bilateral contracts outside the country. Such a thing can not accept any normal country. Then, the big challenge is to know how much of this production is sold transparently on the platform of the stock exchange, on the platform organized in Romania, in order to have access to the consumers of the country and to contribute for these gas from these perimeters. "

Asked if the respective percentages should be specified in the draft, the head of the PSD replied:" There is in the petroleum law. "

Law on the approval of the OG 7/2013, on the introduction of the tax on additional income resulting from the deregulation of prices in the natural gas sector, is in the order the day of the plenary Monday of the Chamber of Deputies

The law provides for a tax of 60% on the incomes of natural gas economic operators, but the law was sent back to Parliament by President Klaus Ioh Annis in July 2017, on the grounds that "given the specific, temporary and extraordinary reasons for the introduction of this tax, we believe that its regulation should follow the same temporary nature." Taking into account the particular importance of the regulatory framework for performance of the oil and gas sector, we believe that it is essential to set a predictable and stable fiscal and legislative framework that promotes the creation of long-term business plans for the continuation of investments current developments and the stimulation of new investments. . Therefore, in order to achieve social objectives, we consider it necessary to provide for a transparent mechanism based on the principle of equivalence between taxation and the protection of the vulnerable consumer. "

In its current form, the project no longer provides for the percentage of surcharges.

Hungarian Foreign Minister Peter Szijjarto has stated that Central European energy supply is a Security question, arguing that it is necessary to maintain the pressure on Romania to start the extraction of natural gas from the Black Sea.Hyti Minister of Foreign Affairs, Mr. Szijjarto, said that there was a need to intensify international pressure on those countries in the region that did not meet their commitments to reverse the flow of gas through interconnection, giving the example of Romania and Croatia, adapting The Ministry of Foreign Affairs then announced that it was taking note of the statements of the Hungarian Foreign Minister on regional energy co-operation and asked for clarifications by the Amb Hungary's assade in Bucharest concerning the motivation of these views.

Signs also came from the United States about this issue, with gas being needed. The US State Department states that the Romanian Black Sea natural gas is a promising but untapped source of energy that would strengthen markets and energy security in the region, noting that the United States is following with interest developments in this regard.

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