Romgaz And Lukoil Plan To Forgo Black Sea Block Due To Poor Results Of Exploration Works

02.17.2016 By Ecaterina Craciun

Romania’s largest natural gas producer Romgaz (SNG.RO), along with its partners Lukoil and PanAtlantic Petroleum, plan to forgo the EX29 EST Rapsodia block in the Black Sea after their oil and gas exploration works failed to yield the results needed to continue the operations, Romgaz said Wednesday.

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