Romania's continuing political stand-off seems likely to further delay the launch of Round XI, potentially into H2 2020. 28 blocks were approved for the round on 24 July 2019, and it will formally launch upon publication in the EU journal to commence a 120 day bidding period. However two parliamentary no-confidence votes - against Viorica Dancila's coalition on 10 October 2019 and Ludovic Orban's coalition on 5 February 2020 - have hampered progress. The 28 planned bid blocks include 22 onshore (20,370 sq km) and six offshore (5,274 sq km), as follows: Maramures Vest (exploration concession E XI-1), Transilvania Nord Est, Est & Sud (E XI-2, 3 & 4), Getica Vest & Est (E XI-5 & 6), Moesia 1 to 8 (E XI-7 to 14), Muntenia Nord Est 1, 2 & 3 (E XI-15, 16 & 17), Moldova 1 to 5 (E XI-18 to 22), and Marea Negra 1 to 6 (E XI-23 to 28, offshore). Block sizes range from 653 to 1,098 sq km for onshore and from 802 to 915 sq km offshore. There have been a number of recent legislative changes including the Offshore Petroleum Agreements Law 256/2018, and amended Emergency Ordinances (OUGs) 114/2018, 19/2019 and 1/2020, the last of which awaits approval and will roll back some of the earlier modifications seen as restrictive to the industry - notably a gas sale price cap of RON 68 (US$16)/MWh for domestic household consumers, and a flat 2% tax based on company turnover. There is also hope that government will overturn the Offshore Act's obligation to sell half of Black Sea gas to the local market. Existing investor Black Sea Oil & Gas (BSOG) is proceeding with the US$ 400 million development of Ana and Doina Fields (aka Midia Gas Development or MGD) which is due online in Q1 2021. However, the Exxon Mobil-OMV Petrom partnership has further postponed FID on the Neptun development project, and ExxonMobil seems set to exit. On 17 February 2016 Sorin Gal, Director General of the National Agency for Mineral Resources (NAMR), announced the agency was ready to launch the licensing round and that 28 blocks had been delimited covering both onshore and offshore acreage in the Black Sea including blocks not awarded in Round X, relinquished concessions and areas nominated by companies. The Round XI launch was initially expected in 2013 but there have been a series of administrative and political issues causing delays to the process. NAMR is also planning to launch Round XII approximately six months after the launch of Round XI, with the two rounds expected to partly overlap. 12 blocks have reportedly been earmarked for Round XII, focusing on previously explored acreage with low recovery factor fields and marginal discoveries. 
Round XI, potentially into H2 2020. 28 blocks were approved for the round on 24 July 2019, and it will formally launch upon publication in the EU journal to commence a 120 day bidding period. 