The new draft law on royalties could be presented at the end April for a first reading in a Government meeting, and then to enter into public debate, said the Finance Minister, Darius Vâlcov. “Being a special law, we must treat it – and we treat it – very carefully”, he said in a television studio, quoted by Bursa daily.

According to him, the authorities have discussions with experts, with companies working in the field, and with the World Bank, to see the experience of other countries. In this context, Darius Vâlcov assured that the new royalties law will be “a result of specialists, those working in the industry.”

“We let the experts speak and we try to listen to all these viewpoints – and those of specialists. We are very interested that a big part of the money we get from oil production from Romanian deposits to return to the state budget and to have a very clear direction”, said Vâlcov, who explained that the ministry’s specialists monitor external models, like the one in Norway, and collaborate with the World Bank.