Romanian natural gas producer and supplier Romgaz reported a volume of extracted natural gas of 4.79 billion cubic meters – 30.97 million boe (oil equivalent barrels) in 2023, which is 3% lower compared to the previous year, according to preliminary operational results.
In the same period, electricity production decreased by 13.3%, to 962.6 GWh.
In the field of exploitation of hydrocarbon deposits, the biggest challenge in 2024 will be to maintain the decline in natural gas production below 2.5%, which is a strategic objective of Romgaz.
In 2022, the amount of natural gas extracted by Romgaz dropped by 1.8% compared to 2021 to 4.9 billion cubic meters, while electricity production reached 1,110.5 GWh (+73%).
