BSTDB provides 15 mln euro loan for Midia gas development project in Romania Midia Gas Development
Source: BSOG
BUCHAREST (Romania), May 6 (SeeNews) - The Black Sea Trade and Development Bank (BSTDB) said on Thursday that it has provided a 15 million euro ($18 million) loan for the Midia gas development project in the Ana and Doina gas fields offshore Romania.
The financing for the project is part of an existing financial package put together by international and domestic banks, including the European Bank for Reconstruction and Development, Credit Agricole, Societe Generale, Banca Comerciala Romana, Raiffeisen Bank International and BRD Group Societe Generale, BSTDB said in a press release.
BSTDB Loan to Support Romania’s Offshore Gas Development 2 min read
6 May 2021 - The Black Sea Trade and Development Bank (BSTDB) has provided a EUR 15 million loan for the Midia Gas Development Project (MGD) to develop the Ana and Doina gas fields offshore Romania. The loan is provided to three Romanian companies, namely Black Sea Oil & Gas S.A., Petro Ventures Resources S.R.L and Gas Plus Dacia S.R.L.
The BSTDB financing for the MGD Project is part of an existing financial package put together by international and domestic banks, including the European Bank for Reconstruction and Development, Credit Agricole, Societe Generale, Banca Comerciala Romana, Raiffeisen Bank International and BRD Group Societe Generale.
The Black Sea Trade and Development Bank (BSTDB) has provided a 15 million Euro loan for the Midia Gas Development Project (MGD) to develop the Ana and Doina gas fields offshore Romania. The loan is provided to three Romanian companies, namely Black Sea Oil & Gas S.A., Petro Ventures Resources S.R.L and Gas Plus Dacia S.R.L.
The BSTDB financing for the MGD Project is part of an existing financial package put together by international and domestic banks, including the European Bank for Reconstruction and Development, Credit Agricole, Societe Generale, Banca Comerciala Romana, Raiffeisen Bank International and BRD Group Societe Generale.