The Romanian authorities and a visiting International Monetary Fund (IMF) mission have yet to reach an agreement on the national energy companies, with fresh talks on the Romanian side's commitment to restructure the sector to take place next week, Agerpres reports.
Minister-delegate for Energy Constantin Nita on Saturday held five-hours' talks with the IMF delegation about the final form of those letter of intent chapters aimed at the energy sector; he said at the end of the talks held at the ministry offices that a fresh discussion is likely to be needed on Monday or in the following days'.
'We must do our homework well. Unfortunately, we haven't done it so far and it is high time that we also met what we pledge. We must take measures to streamline all the energy sector units', the minister stressed.
Nita said he and the IMF experts discussed all the issues relating the energy sector, such as the privatisation of several companies and the introduction of professional management to most energy companies.
Sources close to the IMF talks told Agerpres that Nita has the most problem-ridden chapter in the letter of intent, such as, for example, provisions on the mining sector that are very difficult to enforce.
'At the first meetings with the IMF, the ministers unveil the pledges the Romanian side wants to make in the letter of intent and today (Saturday - editor's note) the IMF presents us a form of the letter of intent containing what they have understood from what we want to take upon ourselves. Sometimes, as it seems to also be the case of the energy sector, what they have understood differs from what the Romanians side sought to pledge', the sources explained.
Source: bne