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Reuters: Black Sea Oil & Gas gets Romania gas project permit, but frets over new taxes

Romanian-based Black Sea Oil & Gas received a construction permit from the country’s energy ministry on Friday for an offshore gas project, but it said new taxes could make it hard to go ahead with the development, Reuters correspondent reports. The company, controlled by private equity firm Carlyle Group LP, discovered two wells holding an estimated 10 billion cubic meters of gas in 2008 some 120 kilometers offshore in the Black ...

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