Ascultă Radio România Actualitaţi Live

The government has declassified the contracts with Chevron

Chevron has concession rights on perimeters of Dobrogea for a period of 30 years, which may be extended by another 15 years, according to contracts.

The government has declassified the contracts with Chevron

Articol de Sorin Solomon, 27 Aprilie 2012, 13:18

According to documents published Thursday by the National Agency for Mineral Resources(ANMR) , Chevron has concession rights on perimeters of Dobrogea for a period of 30 years, which may be extended for another 15 years.

However, if Chevron finds gas and oil, it will pay royalties of between 3.5 percent and 13 percent of the output.

This level of royalties is unique for all companies due to the privatization contract of Petrom and is set out by the end of 2014.

Figures that Chevron Company must invest have remained secret in documents presented by the National Authority for Mineral Resources.

Although some documents still preserve classified information and the pages presented by the National Authority for Mineral Resources contain data covered with gray in tables showing investments that Chevron should do, these could be easily viewed using specialized software.

Figures showing the debts that Chevron Company must pay to Romania were made visible from several sites, for instance Hotnews.ro.

All documents are classified as secret service.

Prime Minister Ungureanu said at Warsaw that it has been received the approval for declassification of Chevron Company concession contracts.

Contracts were made public on the website of the National Authority for Mineral Resources, but these will not contain commercial terms that the company wanted to keep confidential.

The Government has approved on 20 March three shale gas agreements of development and mining exploration in three perimeters of Dobrogea (south-east) for Chevron Company Romania. The decisions to approve the agreements were published in the Official Gazette of March 28.

The three agreements between Chevron and the National Authority for Mineral Resources refer to 18-Vama Veche perimeters EX, EX-19 EX-17 Adamclisi and Costinesti.

The Chevron Country Manager for Romania, Tom Holst, said in early April that the decision of agreements secrecy with Chevron for the perimeters of Dobrogea belonged to Romanian government.

"Chevron has an exploration license in Barlad and the Government has given us three exploration licenses in the region of Dobrogea. The secrecy agreements decision for perimeters of Dobrogea belonged to Romanian government, it was ANMR’s decision, we did not ask for it. We follow the law in Romania and ANMR’s decision", said Chevron official.

The Ministry of Environment gave notice to the petroleum agreements, as these contain obligations that vise the environmental concerns.

The Ministry of Environment stated that, under these agreements, conditions are set up for environmental compliance and water management that Chevron Romania Holding BV must comply.

It also includes measures to reduce the environmental impact, to repair the damage if it occurs and also environmental remediation obligations after completing the operation.

The agreements provide an initial phase of exploration, which includes a mandatory step in order to be made in seismic prospecting and geochemical analyzes.

In order to carry out ,the exploration is not necessary to obtain an environmental accord with the impact assessment following the procedure.

Depending on the result of prospecting, the exploration can be done to see if there are economically exploitable resources.

To achieve the exploration, it is necessary the consent of the environmental authorities.

After the exploration stage, if economically exploitable resources are identified, they will proceed to development and exploitation phases.

After the approval of these oil agreements, Chevron Romania Holding BV has to conduct first of all the seismic exploration, then the exploitation in order to see if there are economically exploitable resources and ultimately, it can pass to operating phase.


Translated by Alexandra-Diana Mircea
MTTLC, Bucharest University

Romanian farmers' opinions on the Mercosur trade agreement are predominantly negative
News in English 14 Ianuarie 2026, 19:41

Romanian farmers' opinions on the Mercosur trade agreement are predominantly negative

Romanian farmers' opinions on the Mercosur trade agreement — concluded between the European Union and Brazil,...

Romanian farmers' opinions on the Mercosur trade agreement are predominantly negative
The government is expected to adopt the reform of central and local administration next week
News in English 13 Ianuarie 2026, 15:00

The government is expected to adopt the reform of central and local administration next week

The government is expected to adopt the reform of the administration next week, after a meeting of the Governing Coalition on...

The government is expected to adopt the reform of central and local administration next week
Warning from the Ministry of Foreign Affairs for those traveling to France
News in English 13 Ianuarie 2026, 14:59

Warning from the Ministry of Foreign Affairs for those traveling to France

The Ministry of Foreign Affairs warns Romanian citizens traveling to or staying in France that there will be a national rail...

Warning from the Ministry of Foreign Affairs for those traveling to France
The Romanian Judges Forum organization reports serious problems in the judicial system
News in English 12 Ianuarie 2026, 18:57

The Romanian Judges Forum organization reports serious problems in the judicial system

The Romanian Judges Forum association reports serious abuses in the judicial system, as well as orchestrated attacks against...

The Romanian Judges Forum organization reports serious problems in the judicial system
First two flu deaths, recorded in Sibiu County
News in English 12 Ianuarie 2026, 18:56

First two flu deaths, recorded in Sibiu County

The first two flu deaths of the season have been recorded in Sibiu County. The victims are a 90-year-old man and an...

First two flu deaths, recorded in Sibiu County
The magistrates of the Bucharest Court of Appeal will rule on January 19 in the case concerning the establishment of a committee to analyze justice laws
News in English 12 Ianuarie 2026, 18:53

The magistrates of the Bucharest Court of Appeal will rule on January 19 in the case concerning the establishment of a committee to analyze justice laws

The magistrates of the Bucharest Court of Appeal will rule on January 19, after hearing on Monday the case brought by AUR...

The magistrates of the Bucharest Court of Appeal will rule on January 19 in the case concerning the establishment of a committee to analyze justice laws
Reform and budget discussed by the prime minister with deputy prime ministers
News in English 12 Ianuarie 2026, 18:50

Reform and budget discussed by the prime minister with deputy prime ministers

The reform of state-owned companies, local and central government, and this year's budget were the main topics discussed...

Reform and budget discussed by the prime minister with deputy prime ministers
Reform plans that the coalition wants to continue in 2026
News in English 11 Ianuarie 2026, 21:12

Reform plans that the coalition wants to continue in 2026

The reform of local and central public administration, which will form the basis of the 2026 state budget law, is a priority...

Reform plans that the coalition wants to continue in 2026

Radio România

Turcia va desfăşura avioane de vânătoare în Estonia şi România în cadrul misiunilor NATO de poliţie aeriană

Turcia va desfăşura avioane de vânătoare în Estonia şi România în cadrul misiunilor NATO de poliţie aeriană

Turcia va desfăşura avioane de vânătoare în Estonia şi România în cadrul misiunilor NATO de poliţie aeriană
Elveția: O fabrică de piele lucrează la capacitate maximă pentru a-i ajuta pe marii arși de la Crans-Montana

Elveția: O fabrică de piele lucrează la capacitate maximă pentru a-i ajuta pe marii arși de la Crans-Montana

Elveția: O fabrică de piele lucrează la capacitate maximă pentru a-i ajuta pe marii arși de la Crans-Montana
Uciderea afaceristului sibian Adrian Kreiner: Al treilea suspect, reținut în Indonezia

Uciderea afaceristului sibian Adrian Kreiner: Al treilea suspect, reținut în Indonezia

Uciderea afaceristului sibian Adrian Kreiner: Al treilea suspect, reținut în Indonezia
GALAȚI: Drumarii au împrăștiat material antiderapant pe drumurile județene pentru combaterea poleiului

GALAȚI: Drumarii au împrăștiat material antiderapant pe drumurile județene pentru combaterea poleiului

GALAȚI: Drumarii au împrăștiat material antiderapant pe drumurile județene pentru combaterea poleiului