Listing Romgaz is one of the Economy Ministry’s priorities, along with the sale of a 9.84% stake in oil company OMV Petrom (SNP.RO), Ariton told a news conference.
“Listing Romgaz is in incipient phases. It will take a year, perhaps more, 12-14 months, before procedures are complete and the company can be listed,” Ariton said
However, the minister added, the sale of the 9.84% stake in Petrom is nearing completion”.
“Regarding Petrom, we are relatively near the conclusion (…) Mid-July this transaction should be complete, is the price is right and the government decides to sell,” the minister said, declining to mention the minimum price for the stake.