Romanian Government approved, in Wednesday’s meeting, the allocation of 335 million lei, sum from the tax on the additional income obtained by the holders of agreements related to deep offshore and onshore oil perimeters, to support the measures regarding the capping and compensation of energy prices, informed the spokesperson of the Executive, Dan Cărbunaru.

“The Government approved today, by Decision, the allocation of funds resulting from the collection of the tax on additional incomes in the special account provided for by Law 256/2018 regarding some measures necessary for the implementation of oil operations by the holders of agreements related to deep offshore and onshore oil perimeters. There are 335 million lei from the tax for these additional revenues that the holders of oil agreements registered and paid,” said Cărbunaru, in a press conference at Victoria Palace, according to Agerpres.

He explained that this money will be used to support both domestic and non-domestic customers, end customers in the electricity or natural gas market, but also to apply compensations to suppliers who have to deliver electricity and natural gas to end customers at a price lower than the costs they practice.

“Therefore, there are resources, both to support the measures for vulnerable citizens, (…) but also to support the mechanism itself, to manage this compensation mechanism in relation to the suppliers who assume a cost difference,” added Cărbunaru.