Christina Verchere, OMV Petrom: Postponing the investment decision in Neptune Deep is not the consequence of the offshore law analysis, but of the delay with which it was adopted OMV Petrom
Christina Verchere, OMV Petrom: Postponing the investment decision in Neptune Deep is not the consequence of the offshore law analysis, but of the delay with which it was adopted
OMV Petrom will not adopt the final investment decision for Neptun Deep in 2018, Christina Verchere confirmed in a conference with analysts, adding that the reason for the postponement did not result from the analysis of the law but from the delay three months with which it was adopted by Parliament. „We will not adopt a final investment decision in 2018. As I said before, it is a matter of time (the adoption of a three-month delay by the Parliament – no) and not one that deals with analyzing the content of the law, said OMV Petrom CEO. Verchere also said that, although voted by Parliament last Wednesday, the law was posted only after 5 days on the Chamber of Deputies website.
OMV Petrom raises more than 86 million lei from the „cashier” of its gas stations
OMV Petrom SA, the largest oil producer in Romania, decided that its wholly-owned subsidiary, OMV Petrom Marketing SRL, which manages Petrom and OMV gas stations, which form the largest fuel distribution network in the country, pay over 86 million lei, following a capital reduction operation.
OMV CEO, about the Black Sea gas: Important for Romania, but more for the European market
Seele gave an interview for CNBC’s US TV station, suggesting that although the offshore law was delayed, there are provisions that the Austrian company can accept, but an analysis of the final legislative framework adopted by President Klaus Iohannis , which now has a say, after the law passed recently by Parliament. „The government is interested in investing in Neptune Deep. The government wants to create a legislative framework that is sufficient for investors. We have to wait for this, but it takes too long. Now we are waiting and reading the draft offshore law. At first glance, I can say there are a few elements that we can accept for such an investment, but we really need to see what has been put on paper after the President has been pronounced and which is the framework. From my point of view, it will not have a short-term impact on our balance sheet (OMV, nr), but it is more a matter for OMV Petrom in Romania, „Seele said, asking how this law- mother.
Movement Romania Together proposes dissolution of Parliament in case of failure of the President’s dismissal procedure
The founding president of the Movement Romania Together, Dacian Ciolos, announced that he will submit to the public debate a series of measures included in the future political program of the party he leads, including the dissolution of Parliament in the case of the failure of the president’s dismissal procedure.