The Romanian state owned company Romgaz has announced it completed the purchase of shares from the American company ExxonMobil as part of the Neptun Deep project of exploiting natural gas in the Black Sea. Energy Minister, Virgil Popescu, said on a social network that the completion of the transaction worth more than 1 billion dollars is in important step ahead for Romania in its bid to become independent energetically, at a difficult time for the whole Europe. Romania, which is currently the European country less dependent on Russian gas, owns large reserves in the Black Sea – around 200 billion cubic meters. Most of it is in the Neptun Deep perimeter, which Romgaz will exploit alongside OMV Petrom.
