Energy Hub: Pioneering Romania’s Clean Energy Transition

The Midia Gas Development (MGD) Project

The MGD Project is already setting a benchmark for low-carbon intensity and has the potential to evolve into a major green energy hub for Romania.

Commitment to Low Carbon Intensity

The MGD Project operates with a carbon intensity of just 1.2 kg CO₂e/boe, 93% lower than the global average of 18 kg CO₂e/boe. Beyond its current low emissions, MGD presents compelling opportunities for green energy transition, further reducing emissions, extending the life of critical infrastructure, and supplying clean energy to Romania.

Unlocking Emission-Free Green Energy Potential

Through the development of the MGD Natural Gas Project, significant land, infrastructure, and regulatory milestones have been secured—providing a solid foundation for further green energy initiatives.

Three Key Renewable Energy Projects Identified for MGD

  • Offshore Wind
  • Carbon Capture & Storage (CCS)
  • Green Hydrogen

Offshore Wind: Tapping into Romania’s Untapped Potential

Romania boasts one of Europe’s most significant offshore wind potentials, with an estimated 94 GW of technical capacity and an annual production potential of 239 TWh.

  • BSOG’s offshore wind project leverages MGD’s existing access routes, rights-of-way (RoW), and coastal lands, providing the critical development pathway for connecting offshore turbines to the grid.
  • A third-party prefeasibility study confirms that this MGD corridor can unlock up to 6 GW of offshore wind capacity.

Carbon Capture & Storage (CCS): Maximizing MGD’s Infrastructure

MGD’s infrastructure provides a unique opportunity for offshore CCS deployment.

  • BSOG has undertaken technical and economic studies confirming the viability of utilizing the MGD infrastructure and Ana reservoir (once depleted) for CCS.
  • BSOG is engaged with industrial CO₂ emitters to offer a solution for the sequestration of over 1M tons CO₂ per annum.
  • All FID activities can be undertaken during MGD’s operational period, allowing immediate project execution upon reservoir depletion.

Green Hydrogen: Driving Decarbonization

Green hydrogen is essential for the decarbonization of gas networks and transportation.

  • As an alternative investment opportunity for using MGD infrastructure for CCS development, MGD’s existing infrastructure could instead be utilized for offshore green hydrogen production by using excess power from future offshore wind farms.
  • Once the Ana and Doina reservoirs are depleted, BSOG could seamlessly transition to green hydrogen production by installing electrolysers and ancillary equipment on the Ana platform.
  • The produced green hydrogen will then flow through the existing offshore pipeline to the Gas Treatment Plant (GTP) for compression and distribution via Romania’s National Transmission System (NTS).
  • During MGD’s current high cash-flow period, all necessary FID activities—including concept design, FEED studies, regulatory approvals, and financing—can be completed to enable a smooth transition to construction upon reservoir depletion.

Shaping Romania’s Green Energy Future

With these ambitious projects, BSOG is paving the way for a sustainable energy transition, maximizing the value of its infrastructure, and ensuring a cleaner, greener future for Romania.