BAKU, Azerbaijan, Aug.17
By Leman Zeynalova – Trend:
The share of Romanian Romgaz in the country’s gas delivery market has decreased in the first six months of 2020, Trend reports citing the company.
“During the first six months of 2020, we estimate that national gas consumption recorded a slight increase as compared to the similar period of the previous year (approx. 1.7 percent), while Romgaz deliveries decreased by 16 percent following a high consumption of import gas. As a result, Romgaz share on the gas delivery market was 36.6 percent, by 7.8 percent lower than the share held in the previous period (44.4 percent),” the company said.
Natural gas production was 2,245.7 million m3 , by 454.3 million m3 lower than the production recorded during the similar period of the previous year (-16.8 percent) and by 415.1 million m3 lower than scheduled (-15.6 percent).
Romgaz electricity production of 295.23 GWh was by 123.57 GWh higher as compared to the similar period of 2019 (+71.9 percent). This production placed Romgaz at a market share of 1.07 percent.
Total Income is by RON 679.1 million lower, recording a 23.3 percent decrease while total expenses recorded a decrease of 26.8 percent. Net Profit is by RON 175.1 million lower than the profit recorded in the previous period for the reasons indicated above (-17.9 percent).
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