ZF Power Summit ’18: Reality Is Austria And Hungary Vie Over Black Sea Gas

02.21.2018 By Roxana Petrescu , Cristina Bellu , Alex Ciutacu , Răzvan Botea

The Romanian government could collect EUR2.8 billion royalties over twenty years from the natural gas drilled in the Black Sea and natural gas production is expected to double by 2025, when the offshore drilling is due to begin.

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