Gas royalties will no longer be related to Austrian prices, ANRM says

The National Agency for Mineral Resources (ANRM) is preparing to change the system: it will abandon the reference price on the Vienna Stock Exchange for the royalties’ formula and will also take into account the differences between the various deposits, romaniajournal.ro reads. The formula for calculating the royalty for oil resources will be amended by the end of the year, taking into account a reference price on the domestic market (OPCOM and ...

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