REG - S.N.G.N. Romgaz S.A. - Q1 2024 Preliminary Key Operational Results

Societatea Nationala de Gaze Naturale Romgaz SAAnnouncement

26/04/2024 07:00

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RNS Number : 1836M  S.N.G.N. Romgaz S.A.  26 April 2024

Report on Q1 2024 Preliminary Key Operational Results

 

Report date: April 26, 2024

Company name: S.N.G.N. 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)

 

This report provides preliminary information on important operational
indicators of Romgaz Group for the quarter ended March 31, 2024. The
information on this report may undergo changes and may differ from those that
will be published in the Q1 2024 report. The Q1 2024 preliminary consolidated
financial results will be published on May 15, 2024.

 

Operational results

 Main indicators                                    Q1   2023    Q2     2023      Q3     2023      Q4     2023      Q1    2024P      ΔQ1*  2024 (%)
 Total hydrocarbon production (mln boe), of which:  8.00         7.41             7.32             8.24             8.36            4.56
 Gross gas production (mln boe)                     7.95         7.37             7.28             8.19             8.30            4.39
 Gross gas production (mln cm)                      1,236.7      1,146.6          1,131.7          1,273.5          1,291.0          4.39
 Condensate production (mln boe)                    0.046        0.044            0.046            0.052            0.062           32.46
 Condensate production (tons)                       5,617        5,322            5,544            6,232            7,440            32.46
 Gas sold from domestic production (mln cm)**       1,301.7      1,048.0          1,032.0          1,142.9          1,208.4         -7.17
 Electricity production (GWh)                       323.0        174.5            143.9            321.1            263.8           -18.33
 Invoiced UGS withdrawal services (mln cm)          1,114.9      42.5             2.3              583.1            947.7           -15.00
 Invoiced UGS injection services (mln cm)           45.4         814.3            840.7            205.1            41.2            -9.25

        P - preliminary
     1 tone = 8.276 boe

     *  Q1 2024P vs Q1 2023                 1 bcm =
6.428571 mln boe

     ** including gas purchased from domestic production

 

Chief Executive Officer,

Răzvan POPESCU

 

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

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