# Romania Neptun Deep gas project development

> Live situation record from CLSTR: https://clstr.news/situations/romania-neptun-deep-gas-project-development
> Updated: 2026-08-19T14:37:13.000Z. Sources: 5. Developments: 2.

The Neptun Deep gas project in the Black Sea is progressing toward an expected first production in 2027. Romgaz reported that while infrastructure developments, such as the installation of the Neptun Alpha platform and a 160-kilometer pipeline, are on schedule, no sales contracts have been signed yet. The company noted high demand for the gas and emphasized that future agreements will follow offshore laws.

Following the promulgation of Law 171/2026, the Romanian state is set to exercise a preemption right to purchase 49.9 million MWh of natural gas from OMV Petrom at a fixed price of 48.752 euros per MWh between 2027 and 2034. 

This legislative development has drawn criticism from the National Trade Union Bloc (BNS), which has requested a debate within the Supreme Council of National Defense regarding energy security. The BNS warned that the fixed-price agreement could negatively impact the state budget and industrial competitiveness. They highlighted risks that if market prices fall below the legislated rate, the state will be buying gas at a premium, or that costs could be passed to consumers, potentially increasing gas prices by 113% and doubling heating bills.

## Timeline

### 2026-08-19: National Trade Union Bloc urges debate on Neptun Deep gas deal

The National Trade Union Bloc has urged Romania's President to debate the Neptun Deep gas acquisition in the CSAT, warning of potential 113% price increases for consumers.

3 sources. https://clstr.news/cluster/national-trade-union-bloc-urges-debate-on-neptun-deep-gas-deal

### 2026-08-17: Romgaz reports no sales contracts signed for Neptun Deep gas project

Romgaz reports no sales contracts have been signed yet for the Neptun Deep gas project, which remains on track for 2027 production. Former PM Dăncilă addressed ExxonMobil's exit, citing Norwegian interests.

2 sources. https://clstr.news/cluster/romgaz-reports-no-sales-contracts-signed-for-neptun-deep-gas-project

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Cite as: Romania Neptun Deep gas project development. CLSTR, https://clstr.news/situations/romania-neptun-deep-gas-project-development
