Videoconference Profit.ro Oil&Gas – Where is the Black Sea gas when we need it most?

• Gas prices have skyrocketed across Europe on the eve of winter and show no signs of moderating. The shortage of supply, corroborated by a growing demand stimulated by the post-COVID economic recovery, has led wholesale prices to historic highs, and domestic and industrial consumers – on the verge of despair, at the sight of bills.
• In addition, the energy transition to low-carbon electricity sources cannot be dispensed with as an intermediary and facilitator of the transition.
• In these circumstances, we cannot help but wonder: where would the prices have been now if the offshore deposits in the Black Sea had already been in production?
• The Black Sea gas stake remains extremely important in the years to come, a period of challenges for the entire energy industry.

DISCUSSION TOPICS:

• The stages of the development projects of hydrocarbon deposits from the Romanian offshore;
• What are the reasons for the delay in the works, what is to be done and what are the plans for the future;
• What legislative updates do investors expect from the authorities and what stage are they at;
• How could the gas in the Romanian Black Sea compensate for the shortage of fuel on the European market, which has caused the massive price increases in recent times;
• Black Sea, a stimulating factor in Europe’s energy transition towards decarbonising electricity production; Romanian offshore gases, geostrategically vital for ensuring Europe’s energy independence

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