June 28, 2024
A N N O U N C E M E N
T
Societatea Nationala de Gaze Naturale Romgaz S.A.
informs its shareholders and investors about the publication of the
Sustainability Report of ROMGAZ
Group for 2023.
The Report presents the non-financial indicators
related to the period January 1, 2023 - December 31, 2023, aligned
with the financial reporting period.
Mr. Razvan Popescu, Chief Executive Officer of
S.N.G.N. Romgaz S.A.:
"The seventh
sustainability report we hereby present to you is the result of a
rigorous data collection and analysis process and provides a clear
and detailed picture of our impact and progress. Developed in
accordance with the Global Reporting Initiative (GRI) international
non-financial reporting standards, the report informs employees,
stakeholders and partners on all relevant issues and is a tool for
national and European legislative compliance on sustainability
reporting. "
The Report is available on the company's website,
www.romgaz.ro , Section
Investors
-
Annual
Reports -
2023
and Section Sustainability
- Sustainability Reports.
Chief Executive
Officer,
Razvan
POPESCU
****
About ROMGAZ Group
ROMGAZ Group is formed of S.N.G.N.
Romgaz S.A. ("ROMGAZ"), as parent company and its fully owned
subsidiaries S.N.G.N. ROMGAZ S.A. - Filiala de Înmagazinare Gaze
Naturale Depogaz Ploiești S.R.L. ("Depogaz") and Romgaz Black Sea
Limited.
S.N.G.N. Romgaz S.A. is the largest
natural gas producer and the main supplier in Romania. The company
is listed on Bucharest Stock Exchange (BVB) and London Stock
Exchange (LSE). The majority shareholder is the Romanian State
owning a 70% stake. The company has a vast experience in the field
of gas exploration and production, with a history that began in
1909 and spans more than 100 years. ROMGAZ undertakes geological
exploration with the aim of discovering new gas reserves, produces
methane gas by exploiting the reservoirs included in the company's
portfolio and stores natural gas in underground storages though
Depogaz Subsidiary; it performs well interventions, workover and
special operations and ensures technological transportation
professional services. In 2013, ROMGAZ extended its scope of work
by taking over Iernut Thermoelectric Power Plant, becoming
electricity producer and supplier.
On August 1, 2022, ROMGAZ became
sole shareholder of Romgaz Black Sea Limited (established
ExxonMobil Exploration and Production Romania Limited), following
the completion of the sale transaction, and the transfer of all
issued shares (representing 100% of the share capital of)
ExxonMobil Exploration and Production Romania Limited, which holds
50% of the acquired rights and obligations under the Petroleum
Concession Agreement for the Deep Water Zone of XIX Neptun offshore
block located in the Black Sea.