The trend reversal is an important development as Romania’s gas production has steadily declined since 2017, from 10.7 billion cubic meters to 8.6 billion cubic meters last year, a historically low level.
The only thing that changed this trend for now is the launch of production from the Black Sea Midia Gas Development (MGD) project of US-held Black Sea Oil & Gas (BSOG). The first new Black Sea gas from the BSOG project entered the system in June.
(English version by Loredana Fratila-Cristescu)