REG - S.N.G.N. Romgaz S.A. - H1 2024 Preliminary Key Operational Results

Societatea Nationala de Gaze Naturale Romgaz SAAnnouncement

25/07/2024 16:15

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RNS Number : 8912X  S.N.G.N. Romgaz S.A.  25 July 2024

Report on H1 2024 Preliminary Key Operational Results

 

Report date: July 25, 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 semester ended June 30, 2024. The
information on this report may undergo changes and may differ from those that
will be published in the H1 2024 report. The H1 2024 consolidated results will
be published on August 14, 2024.

 

Operational results

 Q2 2023  Q1 2024  Q2 2024P  ΔQ2 2024P* (%4   Main Indicators                                    H1 2023  H1 2024P  ΔH1 2024P (%)
 7.41     8.36     7.76      4.7              Total hydrocarbon production (mln boe), of which:  15.41    16.12     4.6
 7.37     8.30     7.69      4.3              Gross gas production (mln boe)                     15.32    15.99     4.3
 1,146.6  1,291.0  1,195.9   4.3              Gross gas production (mln cm)                      2,383.3  2,486.9   4.3
 0.044    0.062    0.075     69.6             Condensate production (mln boe)                    0.091    0.136     50.5
 5,322    7,440    9,028     69.6             Condensate production (tons)                       10,940   16,468    50.5
 1,048.0  1,208.4  1,036.4   -1.1             Gas sold from domestic production (mln cm)**       2,349.7  2,244.8   -4.5
 174.5    263.8    186.9     7.1              Electricity production (GWh)                       497.6    450.8     -9.4
 42.5     947.7    36.0      -15.3            Invoiced UGS withdrawal services (mln cm)          1,157.3  983.7     -15.0
 814.3    41.2     779.6     -4.3             Invoiced UGS injection services (mln cm)           859.7    820.8     -4.5

        P - preliminary
       1 tone = 8.276 boe

     *  Q2 2024P vs Q2 2023                  1 bcm =
6.428571 mln boe

     ** including gas purchased from domestic production

 

 

Chief Executive Officer,

Razvan POPESCU

 

 

 

******************

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This report includes forward-looking statements, which include, without
limitation, any statements preceded by, followed by or that include the words
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"anticipate", "project", "believe", "seek", "plan", "predict", "continue",
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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
results, performance or achievements expressed or implied by such
forward-looking statements.

Such forward-looking statements are based on numerous assumptions regarding
the Group's present and future business strategies and the environment in
which the Group will operate in the future and should not be taken as
promises.

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
which any of such statements are based unless required to do so by any
applicable regulatory regime.

 

 

 

 

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