2023 Preliminary Key Operational Results

S.N.G.N. Romgaz S.A.
30 January 2024
 

Report on 2023 Preliminary Key Operational Results

 

Report date: 30.01.2024

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 year 2023. The information on this report may undergo changes and may differ from those that will be published in the 2023 report. The 2023 preliminary consolidated financial results will be published on February 28, 2024.

 

Operational results

Q4 2022

Q3 2023

Q4 2023P

ΔQ4 2023P* (%)

Main Indicators

2022

2023P

Δ2023P (%)

8.07

7.32

8.24

2.10

Total hydrocarbon production (mln boe), of which:

31.90

30.97

-2.92

8.03

7.28

8.19

2.01

Gross gas production (mln boe)

31.73

30.78

-2.99

1,248.5

1,131.7

1,273.5

2.01

Gross gas production (mln cm)

4,935.9

4,788.5

-2.99

0.043

0.046

0.052

18.94

Condensate production (mln boe)

0.173

0.188

8.80

5,240

5,544

6,232

18.94

Condensate production (tons)

20,878

22,715

8.80

1,218.6

1,032.0

1,142.9

-6.21%

Gas sold from domestic production (mln cm)**

4,741.3

4,524.6

-4.57%

271.0

143.9

321.1

18.50

Electricity production (GWh)

1,110.5

962.6

-13.32

620.1

2.3

583.1

-5.97

Invoiced UGS withdrawal services (mln cm)

1,722.5

1,742.7

1.17

483.3

840.7

205.1

-57.56

Invoiced UGS injection services (mln cm)

2,450.2

1,905.5

-22.23

     P - preliminary                              1 tone = 8.276 boe                       

     *  Q4 2023P vs Q4 2022                  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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings