The Romanian company Petrom, a subsidiary of the Austrian OMV group, and state partner Romgaz plan to start the first extraction of natural gas from the Neptun Deep field in the Black Sea in the first half of 2027. The companies have thus clarified the expected timeframe for the start of production. Der Standard ↗
Neptun Deep is among the significant natural gas deposits in the Romanian part of the Black Sea. Its area covers approximately 7,500 square kilometers. Petrom is cooperating on the project with Romgaz, Romania's state partner. teraz.sk ↗
The planned extraction is set to begin in the first six months of 2027. A specific start date for production has not yet been given. Likewise, there are no further details on the volume of initial extraction or on the exact procedure for its expansion.
The expected date represents a further step in the preparation of the Neptun Deep project, located in Romanian waters of the Black Sea. Petrom and Romgaz will need to complete the work related to bringing the field into operation before production begins. Details of the schedule for this work, as well as any possible changes to the plans, have not been disclosed.
If the planned deadline is met, the first gas from Neptun Deep should be extracted between January and June 2027. The project thus remains focused on starting extraction in the first half of next year.
OMV and Romgaz want to start gas extraction from Neptun Deep in 2027
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