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ROYALTIES

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Romania Could Hike Gas, Energy Royalties Or Taxes - Sources
Energy

Romania Could Hike Gas, Energy Royalties Or Taxes - Sources

The Romanian authorities are contemplating raising oil and natural gas royalties or increasing the taxes levied on gas and power producers once the administered prices are deregulated, gover...

Florentina Dragu · 05.04.2012 · 20:25 · 1 min
Cupru Min Will Pay Current Mining Royalties Until Romania Changes Tax
Companies

Cupru Min Will Pay Current Mining Royalties Until Romania Changes Tax

The future owner of Romanian mining company Cupru Min Abrud will pay 4% royalties on the extraction of nonferrous ores and will not be exempt from paying higher royalties later through a spe...

Radu Bostan · 30.03.2012 · 20:48 · 1 min
Government To Reexamine Ordinance Raising Mining Royalties
Energy

Government To Reexamine Ordinance Raising Mining Royalties

The ordinance increasing royalties on the mining of ferrous and nonferrous ores, gold, platinum and silver, and the transport of oil was read by Romania's Government at the end of last year,...

Radu Bostan · 30.03.2012 · 19:33 · 3 min
New Economy Minister Wants Higher Royalties From Petrom Before 2014
Energy

New Economy Minister Wants Higher Royalties From Petrom Before 2014

Lucian Bode, the man who has been running the Economy Ministry for about three weeks, overseeing the most valuable state-owned companies in Romania, says in his first media interview that on...

Radu Bostan · 02.03.2012 · 00:00 · 2 min
Social/Politics

Gabriel Resources Wants Clarifications From Government Regarding Royalties Increase Decision

Canada-based Gabriel Resources is waiting for Romania’s Government to explain if its decision to increase royalties on precious metal extraction from 4% to 8% will also target the Rosia Mont...

Ioana Tudor · 29.12.2011 · 17:28 · 2 min
Romania Might Raise Royalties On Gold, Silver, Platinum Mining To 8%
Energy

Romania Might Raise Royalties On Gold, Silver, Platinum Mining To 8%

Romania's Government might double the royalties on gold, silver and platinum extraction, from 4% to 8% of the value of production, and increase royalties on other mineral products, such as c...

Radu Bostan · 27.12.2011 · 20:51 · 1 min
Romania Poised To Hike Oil Transit, Gas Storage Royalties
Energy

Romania Poised To Hike Oil Transit, Gas Storage Royalties

The royalties collected by Romania for gross revenue achieved from oil transport and transit will rise to 15%, from 10%, while the royalties for underground gas storage will rise to 5% from...

Andrei Cîrchelan · 22.08.2011 · 17:48 · 1 min