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August 18, 2022
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PM Ciuca: Start of gas production under MDG project represents a historic moment

Prime Minister Nicolae Ciuca said on Tuesday that the start of gas production under the Midia natural gas development project represents a historic moment, in the context in which it will generate one billion cubic meters of natural gas annually.

“We are participating in a historic event, it is a historic moment for the Romanian energy industry: the start of gas production under the Midia natural gas development project. It is the first new natural gas exploitation project in the Romanian Black Sea area in the last 30 years and this month the first amounts of gas have already been delivered to the domestic market. Romania is thus taking a decisive step in guaranteeing energy security, at a turning point and in a context in which Europe and world markets are taking rapid measures to supply their citizens and their economies with energy. The fact that this project will generate one billion cubic meters of natural gas per year means that we will be able to cover 90 percent of Romania’s consumption needs,” the prime minister said as he participated together with the Minister of Energy, Virgil Popescu, in the ground-breaking ceremony for the natural gas production under the MGD Project, operationalized by the Black Sea Oil & Gas company.

 

Gas deposits at 40 pct capacity, quantity to go up to 80 pct by November 1

 

Prime Minister Nicolae Ciuca also declared on Tuesday that gas deposits are currently at 41% capacity, and will reach 80% capacity by November 1.

“It is a decision at the level of the European Union and each member country must go through winter with 80% storage capacity. At the moment we are a little over 40%, 41%. Our commitment, to ourselves, firstly, and to the European Union is to have 46% in deposits by August 1, 57% by September 1, 66% by October 1 and 80% by November 1,” said Nicolae Ciuca, in Constanta.

The Prime Minister said that 80% represents the minimum for ensuring the necessary gas quantity during winter.

“Of course, actions are being taken… Talks are underway in relation to the contract elements with Azerbaijan. We are also talking with the US side for liquefied gas, and we are also talking, because we are not depending on the origin part and the receiving part in our country, but we are also talking about transit areas and we must make it so that we receive the accept from transit countries, such as Turkey, Bulgaria and Greece. We also depended on the interconnector between Greece and Bulgaria. I understand that it is finished and that we can more easily discuss about this possibility, that of bringing gas in our country,” Ciuca mentioned, according to Agerpres.

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