According to Romanian insider September 18, MihneaCraciun, vice president of the European Bank for Reconstruction and Development, said the bank was working with the Black Sea oil and gas company to take over part of the latter oil and gas exploration project.
| Sodium selenite |
At present, the project is still in the exploratory stage, has not yet been approved.
Black Sea oil and gas company in the Romanian Black Sea found in natural gas, reserves between 100-200 million cubic meters.
In February of this year, Mark Beacon, general manager of Black Sea Oil & Gas Company, said the project could have reached $ 500 million in investment before it was put into production in 2019. He expects the project to produce 10% of the total consumption of natural gas in Romania for five consecutive years. He also said that if the Black Sea oil and gas company project approved by the end of this year, production activities will be launched in 2019.
| Stannous Sulphate |