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RNS Number : 9265X S.N.G.N. Romgaz S.A. 27 December 2023
CURRENT REPORT
In compliance with Law no. 24/2017 regarding Issuers of Financial Instruments
Report date: December 27, 2023
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: 385,422,400 RON
Regulated market where the issued securities are traded: Bucharest Stock
Exchange (BVB), London Stock Exchange (LSE)
Significant event to be reported:
· Addendum concluded to the Financing Contract no. 4/ December 7, 2017
for the investment "Combined cycle CCTG power plant" - Iernut
Government Decision no. 1.118/November 16, 2023 amended Government Decision
no. 1.096/2013 for approving transitional free allocation of CO2 certificates
to electricity producers during 2013-2020, including the National Investment
Plan (NIP). Government Decision no. 1.118/November 16, 2023 extends: the
completion and commissioning period of investments financed from the NIP until
December 31, 2024, the reimbursement period until June 30, 2025 and the other
correlative terms.
Consequently, the Ministry of Energy sent the Addendum no. 9 to the Financing
Contract no. 4/ December 7, 2017 for the investment "Combined cycle CCTG power
plant" - Iernut, signed by both parties, registered at S.N.G.N. ROMGAZ S.A. on
December 27, 2023. The object of the Addendum is the modification of the
contract term until December 31, 2024, for financing, as well as the
modification of the investment schedule, provided in the contract.
The completion date of the investment, confirmed by its commissioning, may not
exceed December 31, 2024.
We recall that the conclusion of the Financing Contract no. 4/ December 7,
2017 for the investment "Combined cycle CCTG power plant" - Iernut was the
object of the Current Report published on December 11, 2017.
Chief Executive Officer,
Razvan POPESCU
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