- Primary Legislation
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0 Legea energiei regenerabile 220_2008
Parlamentul României Lege nr. 220 (r1) din 27/10/2008 Legea nr. 220/2008 pentru stabilirea sistemului de promovare a producerii energiei din surse regenerabile de energie ___________ Text actualizat la data de 01.07.2013. Actul include modificările din următoarele acte: – Ordonanţa nr. 29/2010 publicată în Monitorul Oficial, Partea I nr. 616 din 31/08/2010. – O.U.G. nr. 88/2011 publicată în Monitorul Oficial, Partea I nr. 736 din 19/10/2011. – O.U.G. nr. 57/2013 publicată în Monitorul Oficial, Partea I nr. 335 din 07/06/2013. -…
0 Legea energiei electrice şi a gazelor naturale nr. 123/2012Parlamentul României Lege nr. 123 din 10/07/2012 Legea energiei electrice şi a gazelor naturale nr. 123/2012 ___________ Text actualizat la data de 29.06.2013. Actul include modificările din următoarele acte: – Rectificarea publicată în Monitorul Oficial, Partea I nr. 665 din 21/09/2012. ___________ Pus în aplicare prin: – Regulamentul publicat în Monitorul Oficial, Partea I nr. 233 din 23/04/2013. – Metodologia publicată în Monitorul Oficial, Partea I nr. 308 din 29/05/2013. – Metodologia publicată în Monitorul Oficial, Partea I nr. 338…
0 Petroleum Law 238/2004CHAPTER I General Art. 1. – (1) The petroleum resources located in the subsoil of this country and on the Romanian continental shelf of the Black Sea, as such is delimited in accordance with the principles of international law and the provisions of the international treaties to which Romania is a party, make the exclusive object of public ownership and belong to the Romanian State. (2) Petroleum comprises the combustible mineral substances consisting of mixtures of naturally accumulated hydrocarbons in the…
0 Mining Law 85/2003Mining Law no. 85/18.03.2003 The Parliament of Romania adopts the present law: The present Mining Law regulates the mining activities in Romania, stimulating the capitalization of the mineral resources, which are public property of the state. The Law assures maximum transparency of the mining activities and a fair competition, without discrimination between the property forms, the origin of capital and the nationality of the operators. The investments in the mining domain are encouraged by fiscal and administrative facilities, being free…
- Rules and Regulations
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0 Norma Metodologica Legea Petrolului_24.11.2004
Guvernul României Normă metodologică din 24/11/2004 pentru aplicarea Legii petrolului nr. 238/2004 ___________ Text actualizat la data de 24.04.2007. Actul include modificările din următoarele acte: – Hotărârea nr. 350/2007 publicată în Monitorul Oficial, Partea I nr. 272 din 24/04/2007. CAPITOLUL I Dispoziţii generale Art. 1. – În înţelesul prezentelor norme, sunt folosiţi următorii termeni şi abrevieri: a) A.N.R.M. – Agenţia Naţională pentru Resurse Minerale; b) date şi informaţii – datele şi informaţiile referitoare la resursele/rezervele de petrol; c) F.G.N. -…
0 Norma Metodologica Legea Minelor_14.10.2003Guvernul României Normă din 14/10/2003 pentru aplicarea Legii minelor nr. 85/2003 ___________ Text actualizat la data de 06.04.2004. Actul include modificările din următoarele acte: – Hotărârea nr. 431/2004 publicată în Monitorul Oficial, Partea I nr. 303 din 06/04/2004. CAPITOLUL I Dispoziţii generale Art. 1. – În înţelesul prezentelor norme, termenii folosiţi se definesc după cum urmează: a) A.N.R.M. – Agenţia Naţională pentru Resurse Minerale; b) date şi informaţii – date şi informaţii cu privire la resursele/rezervele minerale;…
0 Instrucțiuni Legea Minelor_30.04.2009Agenţia Naţională pentru Resurse Minerale Instrucţiuni din 30/04/2009 privind eliberarea permiselor de exploatare ___________ Text actualizat la data de 18.02.2011. Actul include modificările din următoarele acte: – Ordinul nr. 142/2010 publicat în Monitorul Oficial, Partea I nr. 669 din 30/09/2010. – Ordinul nr. 125/2011 publicat în Monitorul Oficial, Partea I nr. 126 din 18/02/2011. Prezentele instrucţiuni fac referire şi detaliază art. 28 şi 30 din Legea minelor nr. 85/2003, cu modificările şi completările ulterioare. Art. 1. – (1)…
- Secondary Legislation
- Legal Experts
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Legal Expert 0 Varinia Radu partner CEE, Head of Oil and Gas, Deputy CEE Energy Coordinator CMS Cameron McKennaOil and Gas in Romania: practical hurdles of a growing industry
The oil and gas industry is vital due to its role in contributing to the long-term energy needs of society. Energy producers must, therefore, operate safely and responsibly, showing concern for the natural environment and considering their socio-economic impact on local communities. However, in the continuous struggle to provide the market with sufficient hydrocarbons, oil and gas companies undertake a great amount of uncertainty and risk, both operationally and financially. Access to data In Romania, certain...Oil & Gas Renewable Electricity MiningVarinia Radupartner CEE, Head of Oil and Gas, Deputy CEE Energy Coordinator CMS Cameron McKenna
Oil and Gas in Romania: practical hurdles of a growing industry
The oil and gas industry is vital due to its role in contributing to the long-term energy needs of society. Energy producers must, therefore, operate safely and responsibly, showing concern for the natural environment and considering their socio-economic impact on local communities. However, in the continuous struggle to provide the market with sufficient hydrocarbons, oil and gas companies undertake a great amount of uncertainty and risk, both operationally and financially.
Access to data
In Romania, certain types of information possessed by oil and gas companies that are technical and economical in nature are deemed as classified, work related secrets. This includes concession agreements, permits and evaluation studies. The impact thereof is that third-party use of data contained in these documents for, for example, corporate financial consolidation, is limited and conditional on NAMR’s approval. As a result, operational flows may be interrupted or delayed.
Accessibility of data is key to raising awareness of the availability of resources and to attracting international investment. The issue should thus be further addressed through legislation. One solution to improve flexibility of is to draw comparisons with other jurisdictions who have been more successful in dealing with the issue. In light of the declared national interest in implementing an updated energy policy, legislative amendments designed to create efficiencies in access to historical data, create different legal regimes for raw versus processed data, and create rules for using data on a need-to-know basis only may generate a more investor-friendly environment.
Access to land
In recent years oil and gas companies have faced local and regional challenges with regards physical access to land, making difficult the fulfilment of commitments set out in concession agreements. Access to the land pertaining to the oil and gas perimeter, essential for the execution of operations, is commonly restrained due to landowners’ unjustified refusal to grant access to land overlapping a block. Moreover, holders of concession agreements often face difficulties in identifying the land owners and in obtaining their agreement for accessing the land designated for petroleum activities. This makes the commitments in the concession agreement potentially unachievable within a reasonable amount of time, which could cause significant damage to title holders and the state and prevent supporting the public interest in oil and gas operations. In the context of „shale gas psychosis” and many titleholders’ lack of a correct understanding of the rights of access and easements provided by the Petroleum Law, co-operation with local authorities is critical.
Given the above, it is vital to increase public awareness of the national interest in capitalising on hydrocarbon resources and its strategic role in ensuring the security of energy supply, as well as to ensure allignment between the central and local authorities. The enactment of a flexible and updated legislative system aimed at addressing the current land access challenges may also be beneficial and may be further addressed by lege ferenda proposals.
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Varinia Radu / partner CEE, Head of Oil and Gas, Deputy CEE Energy Coordinator CMS Cameron McKenna
LegislationLegal Expert
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