The figure was approved at a shareholder meeting April 22.
In 2012, Petrom’s investment reached RON4.93 billion, of which RON3.75 billion was aimed at exploration and production.
Petrom shareholders also approved paying out a gross dividend of RON0.028 a share from the 2012 net profit, 9.6% lower on the year. The company will distribute total dividends worth RON1.58 billion, equal to 40% of the RON3.95 billion record profit reported in 2012.
A year earlier, Petrom paid total dividends of RON1.76 billion.
Petrom is 51.01% owned by Austrian oil and gas group OMV, while the Economy Ministry holds a 20.64% stake, Fondul Proprietatea (FP.RO) holds 20.11% and the European Bank for Reconstruction and Development holds 2.03%. (EUR1=RON4.3552)