EBRD mulls $23.4 mln equity investment in Romania's Black Sea Oil & Gas

The European Bank for Reconstruction and Development (EBRD) said on Wednesday it is considering a $23.4 million (19.9 million euro) equity investment in Romania-based Black Sea Oil & Gas (BSOG), seenews.com informs. BSOG is the operator of the Romanian offshore Blocks Pelican XIII and Midia XV containing the Ana and Doina gas discoveries. "The project will support the development of the concession, to finalise the commercial ...

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