Prime Minister Marcel Ciolacu had a meeting at the Victoria Palace on Tuesday with representatives of the Carlyle Group investment fund, the main shareholder of Black Sea Oil & Gas (BSOG).

According to a Government press release, the prime minister presented to the American investors the Government’s vision on promoting investments in the energy sector, aimed at supporting the growth of Romania’s energy independence and ensuring the supply of gas and electricity from domestic production to the population and the industrial environment.

The discussions also focused on the Carlyle Group’s plans to develop its investments in the energy sector in Romania, including biogas production, given the importance of the agricultural sector in the Romanian economy and the fact that agricultural waste is the main source for biogas production.

„Romania has an enormous potential in this sector, which has become extremely important at regional and European level, due to the war near our borders. Our objective is to make the best and most responsible use of this potential. We have the capacity to support the diversification of energy resources, so that we can meet our targets for reducing greenhouse gas emissions and the sustainable transition to green energy,” Ciolacu said as quoted in the press release.

AGERPRES