RUSSIA, AN EXAMPLE FOR ROMANIA IN APPROACHING THE LARGE INVESTMENT PROJECTS

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Miercuri, 31/08/2011

If in an ignorant Romania a project of national and European size is perambulated on the roads of bureaucracy and noninvolvement since almost 14 years, as is the case of Rosia Montana, in Russia thing are very different.
Much more pragmatic, interested in developing large investments, the only way by which the citizens of a country, by distributing the resulting benefits, reach prosperity, Russia demonstrates once more why it is a super-power, even and economic one.
Yesterday, 30 August 2011, the Russian group Rosneft and the American giant of hydrocarbons ExxonMobil signed a strategic partnership agreement for the joint exploitation of the Russian arctic plateau.
The agreement establishes the financing with 3.2 billion USD of the explorations in several sectors of the Kara Sea and in one sector of the Black Sea, which are areas that haven’t been researched, but with a great potential of natural gas and oil.
The size of the investments is very large, being able to reach values between 200-300 billion USD.
On this occasion, the Russian Prime Minister Vladimir Putin declared that Rosneft could work in the USA, in the Gulf of Mexico and in Texas.
Certainly, the situation of the few Russian fishers who follow the local tradition since the Dacians’ and the Romans’ time will no longer be able to form an obstacle against this project, forcing the Prime Minister Putin to linger with it some 14 years from now on, and neither the possible galleries in the underground of the Kara Sea or of the Black Sea could represent insurmountable obstacles for that investment.  
OMV Petrom of Romania does not benefit from the same treatment. Instead of being encouraged by the authorities to get involved in joint projects with powerful international partners, even with the USA or Russia, endorsed by the Romanians state, as the direct beneficiary of their results, it is blamed and pilloried every time, on each occasion, on the stake of Romanian privatizations.
And we still wonder why we do not know how to bring revenues and why the only thing we can do is take loans (and I think we are the best at this on the entire planet). All the Romanian authorities, both at central and at local level, such as the General City Hall of Bucharest, which is about to borrow neither more nor less than EUR 800 million, takes loans either directly or by issuing bonds or securities.
If you ask the doorkeeper of a public institution or city hall what the main duties of that authority are, he certainly does not know what they are, but if you ask him about loans, bonds or securities, you will be surprised to get some answer. I am joking, of course, but not that much!
It is very late for us than we might think, to change our harmful mentality according to which in Romania we do not have to develop large, courageous investment projects because we might bother (and we don’t want that) either the Guru of the speculations with gold and other currencies and his proselytes, or some NGO owners specializing in galleries or some vestiges, and who, instead of turning Romania eco-friendly, as it desperately needs it, including in the moral field, they just burry it even deeper in poverty.
Those who feel responsible for bringing Romania to normality should become active, should be much more present in the arena of the public life, so that we may build here what we admire there!