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RNS Number : 9110J S.N.G.N. Romgaz S.A. 28 October 2024
Report on 9 Months 2024 Preliminary Key Operational Results
Report date: October 28, 2024
Company name: Societatea Nationala de Gaze Naturale ROMGAZ S.A.
Address: Medias, 4 Constantin I. Motas Square, Sibiu County - Romania, 551130
Phone/fax no: 004-0374-401020 / 004-0269-846901
Fiscal Code: RO14056826
LEI Code: 2549009R7KJ38D9RW354
Trade Register registration number: J32/392/2001
Subscribed and paid in share capital: 3,854,224,000 RON
Regulated market where the issued securities are traded: Bucharest Stock
Exchange (BVB), London Stock Exchange (LSE)
This report provides preliminary information on important operational
indicators of Romgaz Group for the first 9 months of 2024. The information on
this report may undergo changes and may differ from those that will be
published in the first 9 months 2024 report. The first 9 months 2024
consolidated financial results will be published on November 15, 2024.
Operational results
Q3 Q2 Q3 ΔQ3 2024P* (%) Main Indicators 9M 9M Δ9M 2024P (%)
2023 2024 2024P 2023 2024P
7.32 7.76 7.68 4.9 Total hydrocarbon production (mln boe), of which: 22.73 23.80 4.7
7.28 7.69 7.61 4.5 Gross gas production (mln boe) 22.60 23.59 4.4
1,131.7 1,195.9 1,183.0 4.5 Gross gas production (mln cm) 3,515.0 3,670.0 4.4
0.046 0.075 0.074 62.2 Condensate production (mln boe) 0.136 0.211 54.5
5,544 9,028 8,993 62.2 Condensate production (tons) 16,483 25,461 54.5
1,032.1 1.036,4 983.9 -4,7 Gas sold from domestic production (mln cm)** 3,381.8 3,228.7 -4.5
143.9 186.9 278.9 93.8 Electricity production (GWh) 641.5 729.7 13.7
3.2 35.9 12.9 303.1 Total gas withdrawn from UGSs (mln cm) 1,160.5 996.4 -14.1
841.5 779.6 692.2 -17.7 Total gas injected into UGSs (mln cm) 1,701.2 1,512.9 -11.1
P - preliminary
1 tone = 8.276 boe
* Q3 2024P vs Q3 2023 1 bcm =
6.428571 mln boe
** including gas purchased from domestic production
Chief Executive Officer,
Răzvan POPESCU
******************
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This report includes forward-looking statements, which include, without
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forward-looking statements involve known and unknown risks, uncertainties and
other important factors beyond the Group's control that could cause its actual
results, performance or achievements to be materially different from future
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Such forward-looking statements are based on numerous assumptions regarding
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which the Group will operate in the future and should not be taken as
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Reviewing forward-looking statements should carefully consider the foregoing
remarks and other uncertainties and events, especially in light of the
political, economic, social and legal environment in which the Group operates.
Forward-looking statements contained in this report are valid only as at the
date of this report. The Group expressly disclaims any obligation or
undertaking to disseminate any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Group's expectations
with regard thereto or any change in events, conditions or circumstances on
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