Alina Popa, OMV Petrom: “Romania will end up importing 40 percent of its gas in 2030, without its Black Sea resources”

Romania will end up importing 40 percent of its gas needs in 2030, if the Black Sea gas is not extracted, said Alina Popa, financial director of OMV Petrom, during the “Black Sea in the New Economy” webinar organized by Sustainable Romania and EM360.

“Romania is among the few countries with such resources, which are essential for the recovery of the economy,” she said. “Gas is a transitional fuel, necessary for Romania to comply with the Green Deal. Now, probably more than ever, we need these resources. We need to amend the Offshore Law, in order to make the Romanian tax regime competitive, stable and predictable.”

“If the resources of the Black Sea remain underground, this means that Romania will have imports that can reach 40 percent by 2030, according to Transgaz estimates,” Popa explains.

OMV Petrom and ExxonMobil are equal partners in the Black Sea Neptun Deep field exploration project, estimated at 42 to 84 billion cubic meters of gas. Romania country currently produces about 10-11 billion cubic meters of gas per year.

Post Views: 4,271

Search for an article

Volker Raffel, E.ON: “With a more attractive regulatory framework, Romania could unlock an additional 1 billion euros in energy network investments”

Ion Sterian, Transgaz: “Over the last 7-8 years, Transgaz has invested more than 3 billion euros, strengthening energy security across the region”

Virgiliu Ivan, Transelectrica: “Without people, even billions of euros in energy investments cannot be delivered”

George Niculescu, ANRE: “Romania demonstrates that energy transition and energy security can coexist”

Volker Raffel, E.ON: “With a more attractive regulatory framework, Romania could unlock an additional 1 billion euros in energy network investments”

Ion Sterian, Transgaz: “Over the last 7-8 years, Transgaz has invested more than 3 billion euros, strengthening energy security across the region”

Virgiliu Ivan, Transelectrica: “Without people, even billions of euros in energy investments cannot be delivered”

George Niculescu, ANRE: “Romania demonstrates that energy transition and energy security can coexist”

INTERVIEW Răzvan Marincoi, Generatik: “The mall is slowly turning into a media asset, not just a shopping centre”

Accenture study: 74% of consumers are ready to let an AI agent shop on their behalf

INTERVIEW Andrei Berechet, Adrem: “Data center developers will be increasingly significant clients in the next three to five years”

Romanian Police and Ursus Breweries Study: Perceived traffic safety reaches a historic high in Romania, at 66%, but the main risks remain speed, inattention,...