Tag: Romgaz

Romgaz expects 28 % lower profit in 2019 – Romania, 17 April 2019

Romanian state-owned natural gas producer Romgaz said that it expects to achieve around 1.05 billion euros in revenues in 2019, which is 2.8 % lower compared to 2018. The company also expects that its net profit will drop by 28 % in 2019 to 230 million euros. The company will invest 256 million e Full […]

Romgaz considering developing CHPP with Oradea municipality – Romania, 11 April 2019

Romanian state-owned natural gas producer Romgaz is considering a new investment in a combined heat and power plant (CHPP) in Oradea, in partnership with the municipality. The company is considering the establishment of a joint venture with the operator of the centralized heating system in the ci Full article available for subscribers of Energy NEWS […]

Romgaz to start drilling in Slovakia – Romania, 05 April 2019

Romanian state-owned natural gas producer Romgaz announced that it will drill its first well at Svidnik perimeter in Slovakia, in which it holds the minority stake. According to Romgaz, preparatory works are underway for the drilling in the 1 Cierne well, which will be drilled in 2019. In the Svi Full article available for subscribers […]