May Deadline For Bids On 30 Romanian Oil Fields - MediaFax
BUCHAREST -(Dow Jones)- Investors interested in leasing the 30 oil fields
auctioned off by Romania's mineral resources agency can submit bids until May
19, news agency Mediafax reported Friday.
The results will be announced by July 3 and negotiations with the successful
companies will start July 19.
The bid announcement for leasing the oil fields covering a total of 30,000
square kilometers was published Thursday in the Official Journal of the European
Union, the agency said.
Potential investors may ask the agency for additional data from Dec. 10.
According to the agency, 12 oil fields are onshore, at the western border with
Hungary, with the rest offshore in the Black Sea, within the 9,700-square-meter
area Romania secured after a protracted battle with neighbor Ukraine that was
settled by the International Court of Justice in the Hague.
Agency Web site: www.mediafax.ro
(END) Dow Jones Newswires
11-20-090552ET
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