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
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