Romania Still Holds Oil Reserves Of Above $200B

03.28.2015 By Roxana Rosu , Radu Bostan

Romania’s underground still conceals over $200 billion worth of oil, even after 150 years of production, but increased competition, through the emergence of several small players, is needed to take the resources to the surface, maintained Radu Mircescu, general manager and the main stakeholder in Gasoil Group, specializing in services for the oil and gas industry.

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