The volume of gross gas production stood at 15.44 million boe in the first half of 2026, down 3.4% year-over-year, the equivalent of 2.40 billion cubic meters. Natural gas sold from domestic production (including acquisitions) totaled 2.36 billion cubic meters, down 6.4% compared to the first half of 2025. Electricity production reached 182 GWh in the first half of 2026, down 46.7% compared to January-June 2025.
In contrast, the condensate production increased by 10.3% year-over-year to 27,782 tons (0.23 million boe).
In the second quarter of 2026, the company’s total hydrocarbon production stood at 7.62 million boe (down 2.6% versus the second quarter of 2025), while the electricity production shrank to 75 GWh, compared to 141.8 GWh in the same period of 2025. The consolidated financial results for the first half of 2026 will be published on August 14.
In the first quarter of 2026, Romgaz had a net profit of RON973 million, up 2.3% year-over-year, and a turnover of RON2.14 billion, down 10% year-over-year.
SNG shares have traded 145% higher over the last year. Romgaz, valued at RON71 billion, is 70%-owned by the Romanian State through the energy ministry.