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

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 the discovery as “one of the most promising gas fields in the Black Sea…