Projects supporting Romania’s energy development
We invest in energy, technology and people, with the aim of supporting Romania’s economy and communities, in line with our Strategy 2030 and publicly reported investment plans.
At OMV Petrom, we are implementing projects in Romania and South-East Europe under our Strategy 2030. The strategy includes planned investments of approximately €11 billion between 2022 and 2030, allocated across low- and zero-carbon projects, regional gas growth and the optimization of traditional business.
Our projects are intended to support Romania’s energy transition and regional energy security.
Neptun Deep
Neptun Deep is the largest natural gas project in the Romanian Black Sea. We are investing EUR ~4 billion, together with ROMGAZ, to bring this strategic project to its production stage in 2027. Once operational, Neptun Deep is expected to contribute to Romania’s and the region’s energy security.
Electric Mobility & Sustainable Fuels
In line with our Strategy 2030, we are investing in lower-emission transport solutions in Romania and the region. This includes a Sustainable Aviation Fuel (SAF) and Renewable Diesel (HVO) production unit at the Petrobrazi refinery and the expansion of our EV charging network to around 5,000 EV points installed in the region by 2030.
Renewable Energy Projects
We are developing a portfolio of solar and wind projects in Romania and Bulgaria, with a Strategy 2030 target of more than 2.5 GW of installed renewable power capacity, including partnerships, by 2030. This includes photovoltaic and wind projects in different stages of acquisition, permitting, execution or development. We are also planning to develop power storage solutions, to complement the targeted renewable portfolio.