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

Almost 200.000 Ukrainian refugees were in Romania at the end of 2025
News in English 24 Februarie 2026, 18:47

Almost 200.000 Ukrainian refugees were in Romania at the end of 2025

Almost 200.000 Ukrainian refugees were in Romania at the end of last year, official data show. A report published on Tuesday...

Almost 200.000 Ukrainian refugees were in Romania at the end of 2025
Government meeting for administrative reform and economic recovery measures
News in English 24 Februarie 2026, 18:36

Government meeting for administrative reform and economic recovery measures

The government is meeting today in a session in which it is expected to adopt the two emergency ordinances regarding...

Government meeting for administrative reform and economic recovery measures
Prime Minister Ilie Bolojan calls on ministries to ensure implementation of commitments made under the NRRP
News in English 23 Februarie 2026, 16:58

Prime Minister Ilie Bolojan calls on ministries to ensure implementation of commitments made under the NRRP

Prime Minister Ilie Bolojan has called on ministries coordinating reforms and investments to accelerate the pace of work and...

Prime Minister Ilie Bolojan calls on ministries to ensure implementation of commitments made under the NRRP
Tuesday, the Romanian Parliament will be illuminated in the colors of the Ukrainian flag
News in English 23 Februarie 2026, 16:57

Tuesday, the Romanian Parliament will be illuminated in the colors of the Ukrainian flag

The Romanian Parliament will be illuminated on Tuesday, from 6:00 p.m., in the colors of the Ukrainian flag to mark four...

Tuesday, the Romanian Parliament will be illuminated in the colors of the Ukrainian flag
Topics on the Senate and Chamber of Deputies' Agendas
News in English 22 Februarie 2026, 19:35

Topics on the Senate and Chamber of Deputies' Agendas

The senators from the Defense Committee have set themselves the goal of finalizing the draft law on Romania's national...

Topics on the Senate and Chamber of Deputies' Agendas
Romanian hacker guilty of Oregon attack
News in English 22 Februarie 2026, 19:34

Romanian hacker guilty of Oregon attack

A 45-year-old Romanian has pleaded guilty to selling computer data that provided access to the computer network of the...

Romanian hacker guilty of Oregon attack
Romania, “eco-friendly country”
News in English 21 Februarie 2026, 22:23

Romania, “eco-friendly country”

The calculation made by Eurostat includes greenhouse gases emitted by services and goods consumed in the EU. RRA...

Romania, “eco-friendly country”
Romania, guest of honor at the Frankfurt International Book Fair in 2028
News in English 21 Februarie 2026, 22:14

Romania, guest of honor at the Frankfurt International Book Fair in 2028

In the fall of 2028, Romania will be the guest of honor at the Frankfurt International Book Fair, at the 80th edition of this...

Romania, guest of honor at the Frankfurt International Book Fair in 2028

Radio România

România a primit cel de-al 21-lea aviz din cele 25 necesare pentru aderarea la OCDE

România a primit cel de-al 21-lea aviz din cele 25 necesare pentru aderarea la OCDE

România a primit cel de-al 21-lea aviz din cele 25 necesare pentru aderarea la OCDE
București: Lucrările la Pasajul Basarab ar putea începe în iunie  

București: Lucrările la Pasajul Basarab ar putea începe în iunie  

București: Lucrările la Pasajul Basarab ar putea începe în iunie  
Imaginea guvernatorului BNR și cea a CEO-ului Bitdefender, folosite într-o înşelătorie online

Imaginea guvernatorului BNR și cea a CEO-ului Bitdefender, folosite într-o înşelătorie online

Imaginea guvernatorului BNR și cea a CEO-ului Bitdefender, folosite într-o înşelătorie online
CONSTANȚA: O creșă și două blocuri pentru tineri, inaugurate la Murfatlar

CONSTANȚA: O creșă și două blocuri pentru tineri, inaugurate la Murfatlar

CONSTANȚA: O creșă și două blocuri pentru tineri, inaugurate la Murfatlar