October 08, 2024 [Storage Terminals Magazine]- OMV Petrom, the largest integrated energy producer in Southeastern Europe, has expanded its natural gas supply activities into Bulgaria, offering industrial consumers access to its services starting in October. This expansion builds on the company’s growing presence in the region, having consolidated its operations in Romania over the last two years.

Franck Neel, executive board member responsible for Gas and Power at OMV Petrom, commented on the strategic move: “Bulgaria is a natural step considering its proximity and our existing presence in the country through the OMV stations network and exploration operations in the Black Sea.”

Already established as a leader in supplying natural gas to non-domestic customers in Romania, OMV Petrom will leverage its experience to serve the Bulgarian market. The company has existing wholesale gas operations in Bulgaria and aims to provide tailored and flexible offers for industrial clients.

“We aim to become a reliable partner for natural gas customers in Bulgaria, aligning our services with their expectations,” added Angel Yankov, OMV Petrom’s Gas & Power representative in Bulgaria.

OMV Petrom is involved across the entire natural gas value chain, from production to supply. In 2023, it produced 3.3 billion cubic metres of natural gas and covered around 40 percent of Romania’s gas consumption. The company also holds a 50 percent share in the Neptun Deep project, the largest natural gas resource in the European Union, with first production expected in 2027.

In Bulgaria, OMV Petrom operates a network of branded filling stations and holds the exploration licence for the Han Asparuh perimeter in the Black Sea, where it also serves as the operator.

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