The Prime Minister of Romania, Nicolae Ciucă, declared on Tuesday on the occasion of the beginning of the gas production within the Midia natural gas development project, from the Black Sea, that this represents a historical moment, in the context in which it will generate one billion cubic meters of natural gas annually.
The Black Sea Oil & Gas (BSOG) project is a huge step towards reducing dependence on gas imports, said Gabriel Comanescu, CEO of Grup Servicii Petroliere, the company that built the project, at the ceremony to start gas production in the Development Project Midia Natural Gas (MGD Project).
Black Sea Oil & Gas SA (BSOG) started, on June 15, the gas production from the Midia Natural Gas Development Project (MGD).
Gabriel Comănescu, CEO of Grup Servicii Petroliere, pointed out that this is the largest energy infrastructure project carried out in Romania in the last 30 years.
“It was a complicated project. The first engineering started in 2019, the location of the land and sea pipeline lasted 90 days, and the training started a year before. The platform on the sea has no human operators, only maintenance or intervention is needed “, said Comanescu.
According to him, the BSOG project is a huge step toward reducing dependence on gas imports.
“It is a project made 95% by GSP. From my point of view, it is the largest infrastructure project in the last 30 years, made tailor-made (customized – n.r.), brand new. It is made on our forces, made by a Romanian company. We started from a Trabant and arrived at a Mercedes S Class “, added Comănescu, according to Agerpres.
In February 2019, BSOG, a company controlled by the American investment fund Carlyle, announced the final investment decision for the Midia Natural Gas Development Project (MGD project), located in the Romanian Black Sea area, where it said it will invest 400 million of dollars.
Currently, production at MGD has stabilized at 3 million, 3.1 million cubic meters/day, which means one billion cubic meters annually, so it has practically reached the production plateau in normal parameters, according to Energy Minister Virgil Popescu.
This year, production is estimated at 0.5 billion cubic meters of gas. The production on the plateau will be approximately 1 billion cubic meters/year for the next three years of the ten years of life estimated for the Ana and Doina deposits.