Fast facts of the offshore industry published by the Romanian Black Sea Titleholders Association (RBSTA)

Bucharest Romania, 16 July 2018

The fast facts provide clarifications on why the offshore petroleum agreements should be treated separately from a fiscal viewpoint, why stability is essential for investor confidence considering that the life cycle of an offshore concession agreement is of approximately 30 years and what would be Romania’s gain from having the offshore hydrocarbons projects developed.

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