S&P: Neptun Deep Could Strengthen Romania's Economy and Reduce Dependence on Gas Imports / The €4 Billion Project Would Start Production in 2027
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S&P estimates a current account deficit of 5.9% of GDP in 2029, compared to 7.5% in 2026. Neptun Deep benefits would become visible gradually.
Romania could become one of the largest natural gas producers in the European Union since 2027, thanks to the Neptun Deep project in the Black Sea, developed by OMV Petrom and Romgaz, estimates the S&P Global Ratings Agency. The investment, estimated at around 4 billion euros, promises to bring significant economic benefits, according to the recent report by S&P. The start of gas production in the offshore Neptun Deep is scheduled for the first …
S&P predicts macroeconomic climate improvement from 2027 on the basis of gas production in the Neptun perimeter (Andrei Rădulescu)
According to S&P, Neptun Deep could improve Romania's foreign trade balance and energy independence, while Hungary also counts on the gas from the field to replace Russian imports.
The Neptun Deep project in the Black Sea could improve Romania's macroeconomic profile by increasing gas exports, reducing import dependence and stimulating industrial activity, estimate the S&P Global Ratings rating agency. Production is scheduled to start in the first quarter of 2027, and the investment of about 4 billion euros could transform Romania [...]
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