Romgaz’s total hydrocarbon production was 16.12 million boe, up 4.6 percent in the first half of the year

Romgaz’s total hydrocarbon production was 16.12 million boe, in the first half of the year, up by 4.6 percent, according to a report submitted to the Bucharest Stock Exchange, with preliminary information on the important operational indicators of the Romgaz Group for the semester ending on June 30, 2024.

The company reported gross natural gas production of 15.99 million boe, up 4.3 percent. Electricity production was 450.8 GWh, down -9.4 percent.

The information in this report could change and could be different from the figures that will be published in the report for Semester 1 2024. The consolidated results for Semester 1 2024 will be published on August 14, 2024.

Romgaz’s main business segments are geological exploration in order to discover new gas deposits, methane gas production by exploiting the deposits in the company’s portfolio, supply and distribution of natural gas, special operations and well services, production and supply of electricity.

The company’s majority shareholder is the Romanian state, with a 70.0071% stake in the share capital.