Romania hosts forum, attracts foreign operators: Gas could be the key that opens the area for increased production

摘要

Larger than most of its neighbors in southeastern Europe, Romania has the most extensive natural gas reserves in the region along with major oil reserves in the southern and eastern Carpathian foothills. Offshore exploration is finally beginning to bear fruit, as operators develop fields in the Black Sea. Petrom SA, the largest Romanian oil and gas group, owns exploration licenses for 17 onhshore and offshore blocks in Romania, with a total area of 22,818.5 sq miles (59,100 sq km). State-controlled Romgaz Medias produced 206.6 Bcf of natural gas in 2008, providing one-third of the nation's annual consumption.