Romania

Romgaz SA

An EMIS Company Report EMIS is a Euromoney Institutional Investor plc company USD 29.95 Industry: Natural Gas Extraction Available in: English & Romanian Format: PDF Download Most recent financial data: 2016 Buy full report

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Contact Information

Headquarters
Piata C.I.Motas, Nr. 4
MEDIAS; Sibiu; Map
Postal Code: 551130

Tel: +40 269 201 ; +40 269 201
Fax: +40 269 846

Email:
@romgaz.ro; dan.morariu@romgaz.ro

Website:
http://www.romgaz.ro

Company Description
Romgaz is the largest gas producer and supplier in Romania, and, according to the National Regulatory Authority in the Energy Sector in 2012 the Company had a share of 50.1 % of domestic natural gas production and it supplied 41.7% of Romania's natural gas consumption. Romgaz's core business segments include: gas exploration and production, gas supply, underground gas storage and electricity production. In 2012 Romgaz produced 5.7 billion m of natural gas. In Romania, Romgaz currently operates 3.257 gas producing wells which access 147 commercial fields, as well as 29 exploration wells in nine on-shore exploration blocks. The Company has recently entered into the electricity generation sector, through the acquisition in February 2013 of the Iernut gas-fired power plant, which had an installed capacity of 800 MW in 2012.
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