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Ukraine Eyes Major Black Sea Gas Development With Romania’s OMV Petrom

Summary by Oil Price
Ukraine’s state energy company Naftogaz is in early-stage discussions with Romania’s OMV Petrom about jointly developing a potentially significant offshore gas discovery in the Black Sea, a project that could eventually strengthen Europe’s efforts to replace Russian gas supplies. According to a Reuters report, three industry sources said the talks relate to a field discovered by Naftogaz before Russia’s invasion of Ukraine. One source described …

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Lean Left

Ukrainian energy giant Naftogaz is in talks with Romanian company OMV Petrom on the development of a new gas field in the Black Sea.

Lean Left

Kiev is preparing to develop them with Romania.

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Lean Right

According to insiders, two energy operators in the two countries are negotiating joint natural gas production in the Black Sea. Work is to begin only after the end of the war.

·Düsseldorf, Germany
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REUTERS (Kiev/Bucuresti – March 16th) – Ukrainian company Naftagoz, which discovered “substantial” gas reserves across the sea in the Black Sea before the invasion of Moscow, holds discussions with OMV Petrom in Romania to form a partnership in this area, declared to Reuters three sources of industry. The discovery of gas would be [...]

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  • 60% of the sources lean Left
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CGTN broke the news in Beijing, China on Monday, March 16, 2026.
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