Work has begun to lay pipelines for Romania's Neptun Deep Black Sea gas project, one of the European Union's most significant energy deposits with an estimated 100 billion cubic meters of recoverable gas.Once it starts producing gas in 2027, Neptun Deep will double Romania's gas production and likely turn it into a net exporter at a time when the EU is weaning itself off Russian gas. It will also supply Germany and Moldova…
Romania is hindering further offshore gas exploration in the Black Sea by not auctioning off new blocks, the chief executive of an offshore gas project said on Tuesday.The European Union and NATO member has an estimated 200 billion cubic metres…
Slovakia is interested in receiving gas from Romania's Neptun Deep offshore project, with its supplies of Russian deliveries set to end next year, Slovak Prime Minister Robert Fico said on Friday.'We expressed interest and said that if Romania…
Ukraine's Naftogaz, which discovered 'substantial' offshore gas reserves in the Black Sea before Russia's invasion, is in talks with Romania's OMV Petrom to form a partnership relating to the field, three industry sources told Reuters.The sources…
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