According to a draft released by the Ministry of Finance, the government wants to increase royalties for oil and production by the level of inflation in the year before they are paid.

Royalties increase the project and other activities– click to open

According to the rationale, a legal basis is created for adjusting the annual level of inflation in accordance with concession contracts for oil and mineral extraction, as well as exploitation and exploration facilities operating under the agreement of the parties, as well as newly concluded ones.

Royalties for land granted in accordance with the law to the Derzhkomdomagentstvu as the administrator of state-owned lands on the basis of a concession agreement are indexed to the consumer price index for 2022, if it is not provided for. for contracts concluded in accordance with the law. The deadline for payment of updated royalties is until December 31, 2024.

Royalties due in accordance with the law for the provision of land for rent are indexed annually by June 30 of each calendar year for the previous year to the annual consumer price index, unless it is provided for in contracts concluded in accordance with the law. Domain agency

The state, as the manager of the public property of the state, is obliged to take all necessary legal measures.

There is no charge for mineral water

The project also provides that from November 1, 2023, royalties will not be charged for natural mineral water used for public consumption in public fountains.

Other news:

State higher education institutions that have sections/faculties of the agricultural profile can receive in concession, by direct allocation, agricultural land plots that are in the state or private ownership of the Romanian state, without a contract, for the development of the didactic base of the profile, but not more than 10 Ha.

Royalties will no longer be 0 (zero) for geothermal waters. It is proposed to return to the original royalty rate, namely 5% of the mining value.

Assets in the form of buildings and related land, regardless of their purpose, the equipment included in them, special buildings, as well as any other immovable assets, regardless of their nature, became the private property of the Romanian state through confiscation in as a result of a final court decision. judgments in criminal cases may be made publicly available free of charge.