BLACK SEA GAS
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Energy
Franck Neel, OMV Petrom: Black Sea Gas Reserves Total 200B Cubic Meters; Regional Competition Grows
If the offshore law were changed today, OMV Petrom would need around 12 months to prepare for a final investment decision for the exploration of the Neptun Deep block and the first volumes could be produced four years after that.
Energy
Transgaz Gets Green Light to Start Work on EUR360M Black Sea Gas Pipeline
Romania's natural gas transmission company Transgaz (TGN.RO) has obtained the right to start works on the Black Sea - Podisor Pipeline that will receive gas from the Black Sea.
Energy
Petrom: Transgaz To Upgrade Pipeline Network To Carry Black Sea Gas
Romania’s natural gas transmission system operator Transgaz Medias (TGN.RO) must upgrade its pipeline network to be able to carry the gas extracted from the Black Sea blocks, OMV Petrom chie...