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Romania, Romgaz said that its total hydrocarbon production rose by 16 %

28.Nov 2021.

Romanian natural gas producer Romgaz said that its total hydrocarbon production rose by 15.9 % year-on-year to 23.99 million barrels of oil equivalent in the first nine months of 2021.

The statement from the company said that gross natural gas production increased by 15.9 % to 23.83 million barrels of oil equivalent. Natural gas from domestic production delivered to the market in the first nine months of the year increased by an annual 26.4 % to 3.756 billion cubic meters, while electricity production fell by 31 % to 426.1 GWh.

Romanian state is the largest shareholder in Romgaz with 70 % stake.