German oil company Wintershall and local gas producer Romgaz Medias are likely to start drilling for gas in the deposits discovered nearby Sighisoara in October, sources from the German company said. Wintershall is the first foreign company to discover hydrocarbons (gases and crude oil) on the Romanian market after 1989, where foreign companies have invested over $220m ever since. “Romgaz and Wintershall signed a contract to jointly operate the deposits, with experimental production scheduled to begin in October,” German officials said. ZF



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