Romgaz recorded profit of 761.6 million RON, down by 4.9 percent in first half of 2021

Romgaz has announced its operational and financial performances for the first six months of 2021. The net consolidated profit reached 761.6 million RON, 4.9 percent lower, 39.2 million RON respectively, as compared to the similar period of the previous year.

Total income is by 24.8 million RON higher, recording a 1.11 percent rise while total expenses increased by 5.05 percent.

National gas consumption recorded an approximately 8 percent increase for the first 6 months of 2021 as compared to the similar period of last year, while Romgaz deliveries increased by 23.7 percent. Therefore, Romgaz has a 53 percent market share in terms of deliveries from internal production, by 8.6 percent higher than the share held in the similar period of 2020.

Natural gas production for first half of 2021, was 2,519.2 million m3 , by 12.2 percent (273.5 million m3 ) higher than the production achieved in the similar period of last year. Romgaz electricity production reached 203.08 GW, lower by 92.15 GWh than the production in the similar period of 2020 (-31.21 percent). This production placed Romgaz at a market share of 0.67 percent.