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May 22, 2022

OMV Petrom requested RON 91 M from state for greening works

OMV Petrom (SNP) forwarded, to the authorities, two notices requesting the reimbursement of environment decontamination costs, amounting to RON 91.6 M, out of an estimated total of RON 2.45 bln (EUR 601 M), meant to cover the greening works the company committed to, by the privatisation contract, Mediafax reports. “(…) Up to now, the Romanian state has yet to pay the requested amounts. Contractual reimbursement procedures are in progress,” the oil company’s 2010 annual report reads. The company committed, under the terms of the privatisation contract signed in 2004 with the Austrian oil and gas group OMV, to close down the drills which have been out of use.

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