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Category: Gas
Work has begun on laying pipelines for Romania’s Neptun Deep gas project in the Black Sea, one of the European Union’s largest energy fields with estimated reserves of 100 billion cubic meters of recoverable gas.
European Union countries’ oil and gas import costs rose sharply in March-April 2026, exceeding an additional €30 billion, European Commissioner for Energy Dan Jorgensen told a briefing in Brussels.
The government plans to raise the minimum amount of strategic natural gas reserves from 50 million to 56.3 million cubic meters.
Romanian President Nicusor Dan said he doubts that the project of complete substitution of Russian gas with American LNG is economically sound because it requires serious infrastructure costs.
