Ukraine (bbabo.net), - The American investment group Carlyle and the European Bank for Reconstruction and Development (EBRD) are looking for a partner in the Black Sea Oil and Gas (BSOG) mining company or are ready to sell it for 800 million euros. Last year, BSOG began production at two Black Sea fields, whose reserves are estimated at 10 billion cubic meters.

A package of documents was requested by 11 companies, including the state company Romgaz and the energy giant OMV-Petrom, reports Profit.ro. Both companies have an equal 50% stake in the Neptun Deep Black Sea gas project, which is more promising than the Media area. Potential buyers may also include state-owned energy companies from neighboring countries - Hungary, Bulgaria and Ukraine - and small local companies.

Romanian experts say Romgaz's intention to buy a stake in BSOG is somewhat surprising, given that the Romanian state-owned company has just paid €1 billion for a 50 percent stake in the Neptun Deep field, where it still needs to invest twice as much to develop the project. In addition, next year Romgaz will have to pay about 900 million lei of additional income tax.

In June last year, gas production began in Romania at the two Anna and Doina fields of the Midia shallow water block. Investments amounted to $ 400 million. Carlyle Group and the EBRD own a 70% stake, while Petro Ventures Resources SRL - 20%, Gas Plus Dacia SRL - 10%.

The operator of the Romanian gas transmission system Transgaz estimates that within 10 years the fields will be able to produce about 6 billion cubic meters. Thus, Carlyle Group and the EBRD want to sell their share of gas at $190 per thousand cubic meters. Now the cost of fuel on European exchanges is $600-$700.

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