The payments arose from SNGN Romgaz SA activities in the field of exploration, prospection, discovery and production of natural gas and other extractive materials under licenses granted by authorities. This report excludes SNGN Romgaz SA activities in electric power generation and other auxiliary activities of the gas extractive industry that are included in the scope of activity.
Of the total sum paid to the state budget last year, the largest part, of RON5.8 billion, represented taxes levied on the income, production or profits of companies, excluding taxes levied on consumption such as value added taxes, personal income taxes or sales taxes.
The company also paid RON1.87 billion for royalties.
Licence fees, rental fees, entry fees and other considerations for licences and/or concessions accounted for RON15 million.
Starting with 1st August 2022, SNGN Romgaz SA have become the only shareholder of Romgaz Black Sea Limited, by purchasing all the shares issued by ExxonMobil Exploration and Production Romania Limited. Payments performed by Romgaz Black Sea Limited have not been included in this report due to the fact that, the value of the payments during the financial period of 2022 was under the significance limit of RON 443,400 (or EUR 100,000).
Romgaz in 2022 registered RON2.5 billion net profit, up 32.9%. The company’s revenues reached RON13.4 billion, 129% above the 2021 level, while liabilities climbed by 87% to RON4.3 billion.
(English version by Catalina Apostoiu)