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Petrom Analyzes Romania Shale Gas Exploration Potential

Published: March 20, 2012; 18:50 · (Vindobona)

The OMV-owned Petrom SA, Romania’s biggest oil company, is analyzing the potential for shale-gas exploration in the eastern European country.

Petrom Analyzes Romania Shale Gas Exploration Potential / Picture: © Flickr

Petrom, majority owned by Austria’s OMV, will decide on the next steps based on the results of a preliminary assessment and Romanian and European legislation, Chief Executive Officer Mariana Gheorghe said today in a live chat on hotnews.ro. OMV Petrom will update its business strategy throughout 2021 by mid- year, she said.

The government is weighing the possibility of adopting…

This article includes a total of 234 words.

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