Romanian energy regulator approves infrastructure worth €758 million for Neptun Deep Project

Business Forum
Romania's National Energy Regulatory Authority (ANRE) has granted the establishment authorization for the upstream supply pipelines essential for natural gas production within the strategic Neptun Deep project.

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. 

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Electrica secures grid permits for 700 MWh of storage
Energy

Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.