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BSOG Energy

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Why Biogas?

The biogas market in Romania is in a growing phase, and in the context of the global energy transition, Romania has the opportunity to become an important player in the biogas sector, thus contributing to a greener and more sustainable economy.

Biogas demand is expected to grow by 20% this decade.

Romania has significant untapped biomethane potential, which is estimated at over 2 billion cubic metres by 2030, second only to Poland in the CEE region.

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Romania’s market opportunities

Romania is the sixth largest market in the EU in terms of potential for biogas and biomethane, while Germany ranks first.

There are challenges ahead, including regulatory bottlenecks, lack of financial support from the state, a highly fragmented playing field, undeveloped databases, the need for multiple and complex commercial agreements, and the high execution risk inherited from developing multi faceted energy projects in Romania.

About Bsog Energy

To crystallize the efforts to date and move forward to gain individual market recognition for these efforts and to ensure the development of the biomethane business through an appropriate vehicle Black Sea Oil & Gas has created BSOG Energy.

BSOG Energy SRL is a new stand-alone energy company aimed at developing green energy projects outside the Midia Gas Development (MGD) offshore gas project. The company’s initial objective is to develop biogas sites in Romania and contribute to a more sustainable future.

The BSOG Energy story started in 2023, when we undertook extensive work on the entire biomethane value chain, from feedstock options and alternatives, to identifying necessary changes to existing legislation to allow utility-scale biomethane production and grid injection, export abroad and monetization of guarantees of origin in the EU, and prepared a promotion plan for this, to finding suitable locations for building and operating biomethane production facilities. BSOG Energy SRL is currently 100% owned and managed by BSOG, and once it reaches the investment financing requirements, it will be directly supported by Carlyle and EBRD as shareholders.

The future of BSOG Energy is bright and we are aiming together for sustainable energy!
Frame 49
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Mark Beacom, BSOG CEO and Managing
Director of BSOG Energy

“Following the success of Carlyle’s and EBRD’s investment in BSOG, the shareholders wish to repeat this effort in Romania with a new energy company focusing on green energy development.

Due to the double benefits of eliminating the significant pollution burden of organic waste discharge on lands and land fill sites, and at the same time providing substantial greenhouse gas emission reductions by converting naturally occurring methane into a useable, domestically produced fuel, Biogas is rapidly expanding in all countries.

Romania has significant Biogas potential but few developments to date. By bringing in feedstock, design, offtake and green credit expertise and combining with BSOG’s ability to execute in Romania, BSOG believes BSOG Energy is well placed to deliver a successful new business in Romania.“
Frame 38 (1)

Today

Pre FID Process:
  • Resolve blockages for undertaking FID activities
  • Engage Feedstock Providers
  • Undertake conceptual engineering and costs
1Q/2025

Commence FID Process

FID Process:
  • Feedstock Agreements
  • Regulatory Closure
  • EPCIC Contract
  • Land and Permitting
  • Offtake Agreements
  • Financing Arrangements
  • Economically Viable
4Q/2025

FID Approval

Undertake project:
  • Resolve blockages for undertaking FID activities
  • Engage Feedstock Providers
  • Undertake conceptual engineering and costs
4Q/2026

1st Gas

Frame 38 (01)

Today

Pre FID Process:
  • Resolve blockages for undertaking FID activities
  • Engage Feedstock Providers
  • Undertake conceptual engineering and costs
1Q/2025

Commence FID Process

FID Process:
  • Feedstock Agreements
  • Regulatory Closure
  • EPCIC Contract
  • Land and Permitting
  • Offtake Agreements
  • Financing Arrangements
  • Economically Viable
4Q/2025

FID Approval

Undertake project:
  • Resolve blockages for undertaking FID activities
  • Engage Feedstock Providers
  • Undertake conceptual engineering and costs
4Q/2026

1st Gas

1Q/2025

Commence FID Process

FID Process:
  • Feedstock Agreements
  • Regulatory Closure
  • EPCIC Contract
  • Land and Permitting
  • Offtake Agreements
  • Financing Arrangements
  • Economically Viable
Frame 38 (1)
4Q/2026

1st Gas

Today

Pre FID Process:
  • Resolve blockages for undertaking FID activities
  • Engage Feedstock Providers
  • Undertake conceptual engineering and costs
4Q/2025

FID Approval

Undertake project:
  • Resolve blockages for undertaking FID activities
  • Engage Feedstock Providers
  • Undertake conceptual engineering and costs

About Biogas

Biogas production results from the industrial processing by anaerobic digestion of manure, food processing and slaughterhouse waste, municipal waste, sewage sludge and agricultural residues.

Basically, biogas transforms these harmful wastes that pollute farmland and landfills and create significant odours and health hazards into a renewable methane as a direct substitute for natural gas or energy production and a sanitised digestate that can be used as a high-quality fertiliser, free of weed seeds and pathogens (both in liquid and solid form). Biogas is thus a sustainable product.

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