The MGD Project is expected to deliver approximately 500 million cubic metre (mcm) this year, with peak production expected to be approximately 1 bcm/year for the following three years out of the ten of field life estimated for the Ana and Doina gas fields, BSOG said in a press release.
The project is the first new offshore gas development in Romania in over 30 years and the only project under development today. It consists of five offshore production wells, one unmanned production platform located on Ana field, a 126 km (78 miles) gas pipeline linking the Ana platform to the shore and to a new onshore gas treatment plant (GTP) in Corbu commune, Constanta County.
BSOG operates the concession (70% stake) on behalf of its partners Petro Ventures Resources (20% interest) and Gas Plus Dacia (10% interest).