Christina Verchere
Plan to Develop Romanian Black Sea Gas Fields Unveiled
Energy companies OMV Petrom and Romgaz on Wednesday backed plans to develop the Domino and Pelican Sud commercial natural gas fields in the Romanian Neptun Deep perimeter in the Black Sea.
The two companies will invest up to 4 billion euros for the development phase of the project, which will generate production of about 100 billion cubic meters of natural gas over ten years.