Romanian natural gas transport system operator Transgaz and Black Sea Oil & Gas (BSOG) have signed the contract for building a 24.37 km pipeline. It will transfer gas from Midia offshore perimeter to the national gas transport system, the economy ministry said.
The Midia project consists of 5 offshore production wells — 1 subsea well at Doina field and 4 platform wells at Ana field. The Doina well will be connected through an 18 km pipeline with a new unmanned production platform located over Ana field.
A 126 km gas pipeline will link the Ana platform to the shore and to a new onshore gas treatment plant in Corbu commune, Constanta county. The treated gases will be delivered through the gas measuring station to Transgaz. It is estimated that gas production will begin in the first quarter of 2021.
Energy minister Nicolae Badalau and prime minister Viorica Dancila attended the ceremony for the signing of the contract.
“This project will cover 10% of Romania’s annual natural gas needs. It is the result of an investment that has so far amounted to $200 million, and a further $400 million are to be invested by Black Sea Oil & Gas until construction is completed,” Niculae Badalau said.
BSOG is controlled by US investment fund Carlyle International Energy Partners and EBRD. It’s a Romania-based independent oil and gas company, targeting exploration and development of conventional oil and gas resources.
Mark Beacom, CEO of BSOG, will share the details of the pipeline construction project at the Black Sea Oil and Gas Conference in Bucharest on 23 and 24 October.