The revenue decline came amid the 8.9% lower gas sale turnover, partially offset by a 35% increase in electricity sales.
Total expenses increased by 8.43% (RON304.53 million) in the 9M period ended September 30, 2026, mainly due to increased expenses with taxes and duties (RON+168.48 million).
For the reporting period, Romania’s estimated natural gas consumption was 73.72 TWh, approximately 2.15% higher than the consumption recorded in the similar period of 2025, of which around 19.59 TWh was covered by import gas and the difference of 54.13 TWh by domestic gas.
For the first nine months of 2026, Romgaz total deliveries, on the domestic market, represented 51.75% from the national estimated consumption, 3.13 percentage points less than in the same period of last year.
Natural gas production was 2% lower than in the same period of 2025.
Electricity generated in the reporting period was 484.1 GWh, 0.84% (4.03 GWh) higher than the similar period of last year.
Romgaz completed on September 1, 2026, the acquisition of the business previously carried out by Azomures SA. The acquisition price was RON 348.25 million. Currently, the new established branch carries out preparatory works to start production of fertilisers in the first half of 2027.
State-owned Romgaz has a RON68 billion capitalization. Shares have added 77% this year.
(English version by Catalina Apostoiu)