BUCHAREST, May 3 (Reuters) - Romanian oil and gas group
OMV Petrom , majority-controlled by Austria's OMV will pay an additional tax on the crude oil it
refines, Romanian lawmakers decided on Wednesday.
Lawmakers approved changes to a bill which enforced a
solidarity tax for energy companies agreed by the European
Commission. Initially, the bill set a larger tax which would
have applied retroactively to OMV Petrom, a move the company has
said stoked regulatory instability and threatened new
investment.
The new bill, which still needs to be signed into law by the
president, introduces a tax of 350 lei ($78.55) per tone of
refined crude, which adds up to an estimated 300 million euros
in additional tax.
Petrom declined to comment on Wednesday.
The company is expected to make a final investment decision
by mid-2023 on a large offshore Black Sea gas project. The
project has been delayed by previous taxes and regulations
introduced.
($1 = 4.4558 lei)
(Reporting by Luiza Ilie; Editing by Elaine Hardcastle)
