“The documents will be signed shortly,” Patruti told a news conference.
Romgaz is one of Romania’s top natural gas producers, with a reported output of 2.85 billion cubic meters in the first half of the year.
The company leased eight onshore blocks from ANRM back in 1997. In August, Romgaz asked for an extension period on the lease.
Romgaz is majority owned by the Economy Ministry, with an 85.01% stake.