The total value of the authorized works is estimated at RON 3.77 billion (€758.38 million) - excluding VAT.
This decision marks a crucial stage in the development and exploitation of Romania's most significant natural gas discovery in recent decades.
The authorization specifically covers the critical infrastructure connecting the offshore exploitation perimeter in the Black Sea to the onshore terminal in the Tuzla commune. This infrastructure is vital for transporting natural gas from the Black Sea to the national grid.
George Niculescu, President of ANRE, said: "Granting this establishment authorization represents another important step towards the efficient capitalization of Romania's strategic resources in the Black Sea. Neptun Deep is not just an energy project, but a starting point for Romania's ambitious plan to become an energy security exporter in the region. ANRE remains firmly committed to supporting investments that aim to transform Romania into an energy champion of Central and South-Eastern Europe."
The approved objectives include transport pipelines from the offshore to the onshore area, beach, cliff, road, and railway crossings, the Tuzla regulating-measuring station (SRM Tuzla), and associated infrastructure such as a control center, platforms, lighting, and fences.