Ukraine has reached the final stage of preparation for the development of a significant gas field on the shelf of the Black Sea in collaboration with Romania. Currently, the Ukrainian energy company “Naftogaz” is negotiating with the Romanian company OMV Petrom regarding a strategic partnership for the exploration of these resources.
This is reported by Finway
Promising Field and Its Importance for the Region
According to sources, “Naftogaz” identified “significant reserves” of natural gas on the Black Sea shelf even before the onset of Russia’s large-scale aggression. Experts assess this field as one of the most promising in the region, alongside the already developed deposits in Romania and Turkey.
“Naftogaz” discovered “significant reserves” of gas in the Black Sea prior to Russia’s full-scale invasion. A Reuters source describes this field as “one of the most promising in the Black Sea region,” where Romania and Turkey are already developing their own deposits.”
Plans for Cooperation and Technological Potential
Negotiations between “Naftogaz” and OMV Petrom are in the initial stages. The actual start of field development is only possible after the cessation of hostilities; however, Ukraine is already considering the possibility of attracting Western technologies for deep-water extraction. This requires coordination not only at the company level but also between the governments of both countries. Seismic studies in the area adjacent to the Romanian offshore blocks have already been partially conducted, and comprehensive 2D and 3D data regarding the structure of the field are currently available.
The discovery and further development of this gas deposit could significantly enhance energy security not only for Ukraine but also for the entire European region, as well as highlight the potential of the Black Sea as a new center for energy resource extraction.