Natural gas production estimate for 2024 was 4,962.7 million m3 , by 174.2 million m3 higher than the production of the previous year (+3.64%).

In 2024, total revenue is lower by RON 1,066.9 million, recording a drop of 11.1% due to the following factors: • a 15.23% decrease of revenues from natural gas sales (RON6,584.09 million in 2024 as compared to RON7,766.97 million in the previous year) mainly because of a decrease of prices.

Revenue from underground storage activities increased by 3.31% (RON570.46 million in 2024, as compared to RON552.19 million in 2023), following an increase of consolidated income generated by capacity booking and by the withdrawal activity.

As compared to Q3 2024, revenue was 32.72% higher; by comparison with Q4 2023, the increase was of 4.93%.

The increase of total expenses in 2024 was 8.75% (RON398.26 million). Tax-related expenses increased significantly as compared to the similar previous period, RON330.4 million (+22.10%).

Consolidated gross profit of RON 3,219.43 million was by 14.48% higher, i.e. by RON 407.32 million, as compared to the similar period of the previous year, a significant positive influence came from the cancelation of solidarity contribution starting with 2024 (in Q4 2023, it amounted RON 1.687.37 million).

(English version by Catalina Apostoiu)

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