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Wind in the Black Sea, an untapped energy potential


Wind in the Black Sea, an untapped energy potential
MIHAI GONGOROI (TRANSLATED BY COSMIN GHIDOVEANU)
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Romania has an extraordinary energy potential in the Black Sea, whether it s wind energy, or natural gas, potential that has so far been very little exploited. Specialists that met on April 7, 2021 in a debate in the Parliament s Palace, warn Romania needs to first of all define the legislative framework for offshore investments. They said that investment projects in offshore wind farms generally take about a decade to complete and that the European Union s decarbonation strategy is, in fact, a great vision of industrial, economic and growth development and the chance of inserting Romania into the great economic game of the future. ....

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Energy Minister Popescu: "We want to complete the Iernut plant this year; We have scenarios B and C ready" – The Diplomat Bucharest


“We want to complete the Iernut Power Plant this year, and if this cannot be done with the consortium that won the tender in 2016, we will complete it without them, because we have prepared both scenario B and scenario C,” said the Energy Minister, Virgil Popescu.
“We want to complete the Iernut plant this year, not to lose the 50 million euros from the National Investment Plan. And we want to complete it. If it will not be possible with the consortium who won the auction in 2016, we will complete it without them, that’s for sure. We have also prepared scenario B and scenario C,” Popescu explained. ....

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Romania's interest in Black Sea natural gas investment to start in 2022, or deposits will devalue: ANRM – The Diplomat Bucharest


Romania’s interest is for investment in the Neptune Deep field in the Black Sea to start in 2022, otherwise the natural gas there will lose its value, said the Director of the National Mineral Resources Agency (ANRM) Sorin Gal.
He participated in an online debate on decisions for the new economy: better public policies for the oil and gas sector, organised by Sustainable Romania and EM360 Group.
Gal was asked what will happen if Black Sea investors do not decide to invest in the Neptune Deep project.
“We do not know whether or not the investment decision will be taken. We have an oil agreement amended by additional documents where there are penalties. It is true that ExxonMobil and OMV Petrom came up with a request in 2020 for extending the commerciality of the deposits there. For the time being, it is under our consideration and by March 2022 we will probably see what happens,” Gal said. ....

Black Sea , Oceans General , Sorin Gal , National Mineral Resources Agency , Energy Ministry George Niculescu , Neptune Deep , Sustainable Romania , Neptun Deep , Offshore Drilling Law , கருப்பு கடல் , பெருங்கடல்கள் ஜநரல் , நெப்டியூன் ஆழமான , நிலையான ரோமானியா ,

ANRM: Romania's interest is in Black Sea natural gas investment to start in 2022, or deposits will devalue


Sursa foto: Karadeniz Press
Romania s interest is for investment in the Neptune Deep field in the Black Sea to start in 2022, otherwise the natural gas there will lose its value, said on Thursday Director of the National Mineral Resources Agency (ANRM) Sorin Gal.
He participated in an online debate on decisions for the new economy: better public policies for the oil and gas sector, organised by Sustainable Romania and EM360 Group, agerpres.ro confirms.
Gal was asked what will happen if Black Sea investors do not decide to invest in the Neptune Deep project.
We do not know whether or not the investment decision will be taken. We have an oil agreement amended by additional documents where there are penalties. It is true that ExxonMobil and OMV Petrom came up with a request in 2020 for extending the commerciality of the deposits there. For the time being, it is under our consideration and by March 2022 we will probably see what happens, Gal said. ....

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