Romgaz is partner in more oil exploration projects, Gheorghe said.
Romgaz is Romania’s sole state-owned gas producer. It is controlled by the country’s Department for Energy.
Energy
Romgaz To Drill Wells In Two Black Sea Oil Blocks In 2014
Romania’s natural gas producer Romgaz (SNG.RO) will start exploration drilling next year in two Black Sea oil blocks in a project where it partners up with a firm controlled by Russian giant Lukoil, Radu Gheorghe, the business development manager of the company, said Tuesday.