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OMV Petrom: Offshore taxation turned harsher, we won't begin production
Feb. 7, 2022

OMV Petrom: Offshore taxation turned harsher, we won't begin production

The taxation regime for gas production in Romania has become even more uncompetitive, significantly above the European average. This puts pressure on investments in Romania, endangering the supply [of local consumers] from domestic natural gas production.

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