Transgaz and Black Sea Oil & Gas SRL (BSOG) signed the order to start the works for the projects of the two companies in order to take over the production from Midia Natural Gas Development Project (MGD Project) in the National Transportation System (SNT).

The MGD project consists of the excavation of five production wells (one probe on the Doina deposit and four probes on the Ana deposit), a submarine assembly of production on the Doina deposit which will be connected through an 18 km pipeline to the automated production platform located on Ana deposit. A 121 km underwater pipeline will ensure the transportation of gases from the Ana platform to the shore, where 4.1 km of underground pipeline will follow to the new gas treatment station (“STG”). The treated gases will be delivered through the gas measuring station located in the STG perimeter to the SNT operated by Transgaz. It is estimated that gas production will begin in the first quarter of 2021.