Black Sea Oil & Gas (BSOG) has announced that the commercial gas extraction has been started in Black Sea and the first deliveries in to the Romanian gas network has also begun.
BSOG, an oil and gas company controlled by US-based investment firm Carlyle, said that it would extract 500 million cubic meters of natural gas from two offshore deposits this year. The gas deposits, named Ana and Doina, will provide a billion cubic meters for the three years after, and are scheduled for a decade-long mining process.
The natural gas production in the Midia area will cover 10% of Romania’s domestic consumption and will bring the country closer to independence regarding energy, according to government sources quoted by Libertatea.
Gas will be extracted through five sea wells, including one placed below the sea level, that are operated and monitored from the shore.
A 126-km underwater pipeline will transport the gas to the processing station in Corbu, Constanţa county. From there, the gas will be injected into the national gas transport network.
Tags: Black Sea, BSOG, LNG, Romania
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