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Austria's OMV to Supply Romanian Gas to Germany Starting 2027

share-iconWednesday, January 08 comment-icon3 weeks ago 13 views
News sources:
reutersREUTERS
Austria's OMV to Supply Romanian Gas to Germany Starting 2027

Credited from: REUTERS

  • Austria's OMV has finalized a contract to supply Uniper in Germany with gas from its Black Sea Neptun Deep project, commencing in 2027.
  • The agreement includes a supply of 15 terawatt hours of natural gas, aimed to enhance energy security amid reduced Russian gas supply.
  • This contract represents around 1.5% of Germany's gas imports in 2024, marking a significant step for Europe's energy landscape.
  • Once operational, Romania will be the EU's leading gas producer, significantly increasing its production to almost 8 billion cubic meters annually.
  • For further details, visit the original article here.

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