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

Government analyzes economic recovery measures within the Tripartite National Council
News in English 06 Februarie 2026, 14:08

Government analyzes economic recovery measures within the Tripartite National Council

The government is analyzing, with employers and unions, within the Tripartite National Council, economic recovery measures,...

Government analyzes economic recovery measures within the Tripartite National Council
Prime Minister informs CCR about magistrates' pensions
News in English 06 Februarie 2026, 14:07

Prime Minister informs CCR about magistrates' pensions

The Constitutional Court has received information from Prime Minister Ilie Bolojan regarding the consequences of postponing...

Prime Minister informs CCR about magistrates' pensions
Economic Recovery Measures Proposed by the Government Reach Public Debate
News in English 05 Februarie 2026, 17:46

Economic Recovery Measures Proposed by the Government Reach Public Debate

The first economic recovery package prepared by the government was presented today by the Minister of Finance, Alexandru...

Economic Recovery Measures Proposed by the Government Reach Public Debate
Support Measures for Micro-enterprises to be Adopted by the Government
News in English 05 Februarie 2026, 17:45

Support Measures for Micro-enterprises to be Adopted by the Government

The economic recovery plan, discussed in its first reading during the government session, includes a series of support...

Support Measures for Micro-enterprises to be Adopted by the Government
Energy talks between President Nicusor Dan and European Council President Antonio Costa
News in English 04 Februarie 2026, 22:36

Energy talks between President Nicusor Dan and European Council President Antonio Costa

President Nicusor Dan advocates for a longer transition in the European Union regarding the implementation of green energy...

Energy talks between President Nicusor Dan and European Council President Antonio Costa
Cancellation of the 2024 presidential elections, "internal legal act to protect the constitutional order"
News in English 04 Februarie 2026, 22:31

Cancellation of the 2024 presidential elections, "internal legal act to protect the constitutional order"

Romania is a strong democracy, and the decision to cancel the presidential elections at the end of 2024 was an internal legal...

Cancellation of the 2024 presidential elections, "internal legal act to protect the constitutional order"
The Senate and Chamber of Deputies have begun their first parliamentary session of the year
News in English 03 Februarie 2026, 16:27

The Senate and Chamber of Deputies have begun their first parliamentary session of the year

A new session has begun in Parliament — deputies and senators have resumed their work, elected new leadership...

The Senate and Chamber of Deputies have begun their first parliamentary session of the year
Minister of Agriculture requests budget allocations unchanged from last year
News in English 03 Februarie 2026, 16:26

Minister of Agriculture requests budget allocations unchanged from last year

Minister of Agriculture Florin Barbu is requesting allocations in this year's state budget at the same level as the funds...

Minister of Agriculture requests budget allocations unchanged from last year

Radio România

JAPONIA: Coaliția premierului Sanae Takaichi obține o victorie categorică

JAPONIA: Coaliția premierului Sanae Takaichi obține o victorie categorică

JAPONIA: Coaliția premierului Sanae Takaichi obține o victorie categorică
Ultima șansă de a vedea tabloul „La Blouse Roumaine” expus la MNAR

Ultima șansă de a vedea tabloul „La Blouse Roumaine” expus la MNAR

Ultima șansă de a vedea tabloul „La Blouse Roumaine” expus la MNAR
ITALIA: Arestări după violențele de stradă de la Milano, oraș-gazdă al Jocurilor Olimpice de iarnă

ITALIA: Arestări după violențele de stradă de la Milano, oraș-gazdă al Jocurilor Olimpice de iarnă

ITALIA: Arestări după violențele de stradă de la Milano, oraș-gazdă al Jocurilor Olimpice de iarnă
Criză în Downing Street 10: Șeful de cabinet al premierului Starmer demisionează în scandalul dosarelor Epstein

Criză în Downing Street 10: Șeful de cabinet al premierului Starmer demisionează în scandalul dosarelor Epstein

Criză în Downing Street 10: Șeful de cabinet al premierului Starmer demisionează în scandalul dosarelor Epstein