Romania could double its current natural gas output, potentially positioning itself as one of Europe’s leading gas producers, with the starting of the productions in the Neptune Deep offshore field in the Black Sea, stated Mioara Pituț, Head of Mission, Chargé d’Affaires the Romania Embassy to Greece.
With an estimated increase of 100-200 billion cubic meters from Neptune Deep, Romania’s gas production surge could significantly enhance its national energy security and play an important role in regional stability. The production is set to start in 2027, after several delays in the past years.
“The war with Russia brought into attention the strategic importance of this region, and the key issue is to create new energy routes. We trust that regional initiatives will make Russia more and more irrelevant from the energy point of view, which is a big step forward compared to two years ago”, Pituț added, at the round table “Regional Approach Athens – Cooperation”, organized by Energynomics.
At the same time, Romania is trying to diversify its energy portfolio with Small Modular Reactors (SMRs) alongside traditional nuclear power, and ramping up investments in both onshore and offshore wind energy.
Romania is also interested in developing of new energy routes to ensure energy independence from Russia and eyes collaboration with neighboring countries on renewable energy projects, including offshore wind and hydrogen initiatives.
Moreover, Romania explores the prospect of liquefied natural gas (LNG) imports from Greek ports that could also supply Moldova and Ukraine.
The working table “Regional Approach Athens – Cooperation” was organized by Energynomics with the support of our partners: Elektra Renewable Support, Kawasaki Gas Turbine Europe GmbH, Parapet GmbH, TUV Nord, WALDEVAR Energy.