Romania has the capacity to fully cover, from its own resources, the domestic consumption of natural gas. It is a singular case in the European Union

Must Read

Romania-US partnership in the nuclear energy sector: the project company RoPower Nuclear SA was launched, owned in equal parts by SC Nuclearelectrica SA and...

By RBJ Nuclearelectrica SA and Nova Power & Gas SRL launch RoPower Nuclear SA, the project company for the development...

The French group ALTEN buys QUALITANCE, the international technology and innovation company founded in Romania

By RBJ QUALITANCE, the international technology and innovation company founded in Romania, has signed an acquisition agreement with ALTEN, according...

Bitcoin Romania targets between 75-100 new crypto-ATM franchises by the end of the year

By RBJ Bitcoin Romania, the leader of the crypto-ATM market in Eastern Europe and the owner of the largest local...

By rbj
Gas production from the new fields in the Black Sea, operated by Black Sea Oil and Gas (BSOG), will increase by one million cubic meters of gas per day, said today the general director of the national gas operator, Transgaz, Ion Sterian.
BSOG’s new Black Sea gas production will increase by one million cubic meters per day. “Just yesterday the representatives of BSOG were at Transgaz to request the increase of the production and transport capacity by another million cubic meters of gas per day”, said Sterian.
BSOG, owned by Carlyle International Energy Partners and the European Bank for Reconstruction and Development, is an independent energy company based in Romania that conducts natural gas resource development operations. Currently, the company’s portfolio consists of the MGD Project and two natural gas production licenses, the Ana and Doina deposits in the XV Midia perimeter – Shallow Water Zone in which BSOG holds a 70% stake. BSOG is the operating company on behalf of the partnership with Petro Ventures Resources SRL (20% stake) and Gas Plus Dacia SRL (10% stake).
Black Sea Oil and Gas (BSOG) is already extracting three million cubic meters of gas daily from the Black Sea after the Midia Project (MGD) started delivering gas to the national grid in June. So, if we add the additional million announced now (33% increase), Romanian will have a significant contribution to national production from the exploitation of the first new gas from the Black Sea.
Currently, Romania’s natural gas production reaches almost 10 billion cubic meters per year, our country being, after the Netherlands, the largest gas producer in the EU.
The main producers are Romgaz (approximately 50% of total production) and Petrom, under 49%.
The estimated domestic consumption, on average, over the last 5 years is 11-12 billion m.c./year.
The general manager of Transgaz S.A. he stated that if we have a winter like the one last year, Romania could manage without imports, if it fills its warehouses now, which he sees as certain. Currently, the underground natural gas storage facilities in Romania are almost 67%.
“After the overhaul of the OMV Petrom from the Petromar offshore platform is finished, at the end of this month, domestic gas production will stabilize at 25.5-26 million cubic meters per day. With the increase in the extraction capacity from the warehouses, we have another 32 million cubic meters in storage and reach 58 million cubic meters. These were the peaks of consumption last winter in Romania”, said the head of Transgaz, who recalled that the degree of filling of the warehouses is now 66%, and at the end of August it will reach 70% and “there are still two months of stored”.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -
Latest News

Romania-US partnership in the nuclear energy sector: the project company RoPower Nuclear SA was launched, owned in equal parts by SC Nuclearelectrica SA and...

By RBJ Nuclearelectrica SA and Nova Power & Gas SRL launch RoPower Nuclear SA, the project company for the development...

The French group ALTEN buys QUALITANCE, the international technology and innovation company founded in Romania

By RBJ QUALITANCE, the international technology and innovation company founded in Romania, has signed an acquisition agreement with ALTEN, according to which the international technology...

Bitcoin Romania targets between 75-100 new crypto-ATM franchises by the end of the year

By RBJ Bitcoin Romania, the leader of the crypto-ATM market in Eastern Europe and the owner of the largest local cryptocurrency trading platforms, targets to...

Romania’s government debt is close to 49% of GDP

By RBJ Public administration debt (government debt) rose slightly in July of this year, to 48.8% of the Gross Domestic Product, from 48.3% of GDP...

McKinsey & Company: Romania’s digital economy could grow 3.5 times to 52 billion euros in 2030 (2)

By RBJ “Romania is the second largest digital commerce market in CEE after Poland, with Romanians spending on average ~500 euro per capita (~25% lower...
- Advertisement -

More Articles Like This

- Advertisement -