The first natural gas obtained from the Midia Gas Development (MGD), Romania’s first new offshore gas development in over three decades, was delivered to the country. This is planned to partially replace the Russian gas imports.
The MGD Project is scheduled to yield about 0.5 billion cubic meters this year, with peak production of about 1 billion cubic meters per year for the next three years of field life.
The gas fields in the Black Sea are being developed by Black Sea Oil & Gas (BSOG), a corporation owned by global investment firm Carlyle International and the European Bank for Reconstruction and Development.
The result of all these efforts is that MGD Project provides not only 10% of Romania’s gas demand, but the path, and possibly even the infrastructure, for other developers in the Black Sea, as well as to launch a number of green energy development initiatives, making MGD an integrated energy transition infrastructure.Mark Beacom, BSOG CEO
The project is Romania’s first new offshore gas development in over 30 years and is currently the sole one in the works. It includes five offshore production wells, one unmanned production platform on the Ana field, a 126-kilometre gas pipeline connecting the Ana platform to the shore and a new onshore gas treatment plant (GTP) in Corbu commune, Constanta county. The processed gas is supplied to the NTS at the GTP’s gas metering station.
The MGD Project is scheduled to supply over 500 million cubic meters of gas this year, with peak production expected to be around one billion cubic meters per year for the next three years out of ten estimated for the gas fields. As a result, the project will cover roughly 10% of Romania’s gas demand.