Regulatory Framework

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CONPET is an active presence in what concerns the regulation of the legal framework outlining its line of business. In collaboration with the regulatory authorities, we have assisted, more than once, to the draft and subsequent adoption of normative acts chartering the company status.

Relevant Acts

Law 31/1990 – Companies’ Act;

Law 213/1998 – Law Regarding the Public Property and its Legal Status;

G.D. 793/2002 – Pipeline System Concession Agreement;

Law 238/2004 – Oil Law;

Law 297/2004 – Capital Market Law;

E.G.O. 195/2005 – regarding the Environmental Protection;

N.A.M.R. Order no. 373/2015 regarding the approval of 2016 frame – Contract for the transport of crude oil, rich gas, condensate and ethane;

N.A.M.R. Order no. 32/2016 for the amendment of the Order of the President of the Agency for Mineral Resources no. 13/2010 on the approval of the transport tariffs via the crude oil, rich gas, condensate and ethane National Transport System.

Legislation regulating the QHSE area;

Standing Rules and Instructions of the Financial Supervisory Authority (Rom. A.S.F.);

Law no. 544/2001 on the free access to information of public interest

Law no.  182/2002 regarding the protection of the classified information

GD no. 123/2002 on the approval of the Methodological Norms for the application of law no. 544/2001.

Other Relevant Legal Acts

Romanian Labor Code;

Decisions of the Company’s General Meeting of Shareholders;

Decisions of the Board of Directors;

Organizational and Operational Guidelines of CONPET S.A.;

Collective Labor Agreement;

Employment Contract.