It said its turnover declined 34% on the year in the second quarter, to RON763 million.
In the first half of the year, Romgaz posted a profit of RON801 million, down 18% on the year, and a turnover of RON2.2 billion, down 24% on the year.
During the first six months of 2020, Romgaz estimates national gas consumption recorded a slight increase of 1.7% compared with the same period last year, while Romgaz deliveries decreased 16% following a high consumption of import gas. As a result, Romgaz share on the gas delivery market was 36.6% in the first half from 44.4% in the same period last year.
Natural gas production was 2.24 billion cubic meters, 16.8% lower than in the same period of 2019 and 15.6% lower than scheduled.
Romgaz’s electricity production of 295.23 GWh was by 71.9% higher compared with the same period of 2019. This production level placed Romgaz at a market share of 1.07%.
Romgaz is 70% owned by the Romanian state.