Under a contract worth almost RON831.5 million (VAT not included), Romgaz will be selling natural gas to E.ON Energie Romania over a five-month period, between November 1, 2023 and March 31, 2024., the report reads.
“The cumulated value of the new transaction with the transactions previously concluded with this affiliated party, for a period of 12 months, exceeds both 5% of S.N.G.N. Romgaz S.A. 2022 net assets value according to the latest financial reporting and also 10% of the 2022 net turnover”, Romgaz representatives said in the report.
SNG shares have gained 15.4% so far in 2023.