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

The Bucharest Court of Appeal has postponed its ruling on the request to suspend the appointment of two judges to the Constitutional Court
News in English 05 Ianuarie 2026, 20:00

The Bucharest Court of Appeal has postponed its ruling on the request to suspend the appointment of two judges to the Constitutional Court

The Bucharest Court of Appeal has concluded the hearing in which it considered a lawyer's request to suspend the decrees...

The Bucharest Court of Appeal has postponed its ruling on the request to suspend the appointment of two judges to the Constitutional Court
AUR will challenge in court the decisions of local councils to increase property and car taxes
News in English 05 Ianuarie 2026, 19:59

AUR will challenge in court the decisions of local councils to increase property and car taxes

AUR announces that it will challenge in court, through its local elected representatives, the decisions of local councils to...

AUR will challenge in court the decisions of local councils to increase property and car taxes
The Ministry of Foreign Affairs confirms the death of a Romanian citizen in the Switzerland fire
News in English 04 Ianuarie 2026, 20:18

The Ministry of Foreign Affairs confirms the death of a Romanian citizen in the Switzerland fire

On Sunday, President Nicusor Dan sent a message of condolence to the family of the young Romanian who died in the fire in...

The Ministry of Foreign Affairs confirms the death of a Romanian citizen in the Switzerland fire
MFA reacts to the situation in Venezuela
News in English 04 Ianuarie 2026, 20:17

MFA reacts to the situation in Venezuela

Foreign Minister Oana Toiu announced in a Facebook post that Romania is coordinating with EU states for a joint statement at...

MFA reacts to the situation in Venezuela
At the end of last month, Romania's budget deficit stood at 6.4 percent of GDP
News in English 30 Decembrie 2025, 00:58

At the end of last month, Romania's budget deficit stood at 6.4 percent of GDP

Romania ended the first 11 months of the year with a budget deficit of 121.77 billion lei, equivalent to 6.4 percent of gross...

At the end of last month, Romania's budget deficit stood at 6.4 percent of GDP
USR wants to limit special pensions for local elected officials
News in English 30 Decembrie 2025, 00:57

USR wants to limit special pensions for local elected officials

USR wants to limit special pensions for local elected officials. A bill to this effect is under public consultation in the...

USR wants to limit special pensions for local elected officials
Access to the IT infrastructure at "Romanian Waters" is gradually being restored
News in English 30 Decembrie 2025, 00:56

Access to the IT infrastructure at "Romanian Waters" is gradually being restored

Access to the IT infrastructure of the National Administration "Romanian Waters" is gradually being restored after...

Access to the IT infrastructure at "Romanian Waters" is gradually being restored
16 tons of pyrotechnic materials confiscated in Bucharest and two nearby counties
News in English 30 Decembrie 2025, 00:55

16 tons of pyrotechnic materials confiscated in Bucharest and two nearby counties

On Monday, December 29, police confiscated over 16 tons of pyrotechnic materials that were banned from sale. The seizure was...

16 tons of pyrotechnic materials confiscated in Bucharest and two nearby counties

Radio România

Anchetă internă la Primăria Sectorului 2: Unii contribuabili reclamă modificări ale impozitului pe locuinţă

Anchetă internă la Primăria Sectorului 2: Unii contribuabili reclamă modificări ale impozitului pe locuinţă

Anchetă internă la Primăria Sectorului 2: Unii contribuabili reclamă modificări ale impozitului pe locuinţă
Handbal feminin: Campioană olimpică, mondială și europeană cu Franţa, Grace Zaadi va juca la SCM Râmnicu Vâlcea

Handbal feminin: Campioană olimpică, mondială și europeană cu Franţa, Grace Zaadi va juca la SCM Râmnicu Vâlcea

Handbal feminin: Campioană olimpică, mondială și europeană cu Franţa, Grace Zaadi va juca la SCM Râmnicu Vâlcea
HUNEDOARA: Telegondola Vulcan – Pasul Vâlcan, oprită cel puțin două săptămâni din cauza unei defecțiuni

HUNEDOARA: Telegondola Vulcan – Pasul Vâlcan, oprită cel puțin două săptămâni din cauza unei defecțiuni

HUNEDOARA: Telegondola Vulcan – Pasul Vâlcan, oprită cel puțin două săptămâni din cauza unei defecțiuni
Petrolier sub pavilion Palau, posibil implicat în exportul de petrol rusesc, lovit de o dronă în Marea Neagră

Petrolier sub pavilion Palau, posibil implicat în exportul de petrol rusesc, lovit de o dronă în Marea Neagră

Petrolier sub pavilion Palau, posibil implicat în exportul de petrol rusesc, lovit de o dronă în Marea Neagră