Skip to content
Back to Guavy Wire
Commodities

Neptun Deep Set for Black Sea Gas Production in Mid-2027

Instruments
Natural Gas
Share

The Neptun Deep project in the Black Sea is entering its final execution stages, with OMV Petrom and Romgaz expecting to start gas production in the first half of 2027. The companies have completed seven development wells and are moving forward with the remaining work required before starting commercial production.

The Neptun Alpha production platform has already been installed at sea, and drilling operations continue while other necessary infrastructure for transporting and measuring the extracted gas is completed. OMV Petrom's Cristian Hubati explained that the project is entering its final execution stages, with pending works including the completion of the offshore pipeline and the natural gas measurement station.

Once production begins, the gas will be incorporated into Romania’s National Transmission System, with peak production levels expected to be reached toward the end of the third quarter of 2027. The project is one of the main natural gas developments in the Black Sea and will play a significant role in the Romanian energy supply over the coming years.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc