The geopolitics of pipelines between Russia and Europe could change dramatically if non-conventional oil and gas reserves in the Black Sea area were to be tapped, energy experts at a high-level conference said last week.
"The Black Sea resources are very big and could even replace gas supply from Russia," Dinu Patriciu, a Romanian oil man and investor who has already bought up large chunks of the country's maritime plateau, said at the "Black Sea energy and economic forum" in Bucharest...
Back our independent journalism by becoming a supporting member
Already a member? Login here