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
2023
|
Q2
2024
|
Q3
2024P
|
ΔQ3 2024P*
(%)
|
Main
Indicators
|
9M
2023
|
9M
2024P
|
Δ9M 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Total gas withdrawn from UGSs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 limitation, any statements
preceded by, followed by or that include the words "may", "will", "would", "should", "expect",
"intend", "estimate", "forecast", "anticipate", "project",
"believe", "seek", "plan", "predict", "continue", "commit",
"undertaking" and similar expressions or their negatives.
Such 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.