Report: Black Sea reserves have similar potential to those in the North Sea

The reserves in the Black Sea should become the subject of a European policy on energy security because they have a potential similar to those in the North Sea, but they are much less explored and exploited, according to the “Development Strategy of Romania in the next 20 years” report, carried out by the Romanian Academy. The Black Sea is an energy pool, which is becoming of common European interest The exploitation of resources in the Black Sea remains the most likely project to cover the gas deficit for the region, according to the document, cited by local Economica.net. Russia’s annexation of Crimea creates a potential vulnerability even for the exploitation of the Romanian resources in the Black Sea. editor@romania-insider.com