Energy 2025 – liberalization, investment in renewables and the return of natural gas
In 2025, the Romanian energy system can be described with a triple label: a return to the free market, accelerated…
Romgaz
Sector
Oil and Gas
Defining
Romgaz is the largest Romanian producer of natural gas, with a tradition of over 100 years in the field.
Pe scurt
Turnover: 3842.98 mil. lei
Profit: 1244.0491 mil. lei
Employees: NA
Key People
Virgil Metea - General Manager
Corin Emil Cindrea - Deputy General Manager
Dumitru Gheorghe Rotar - Deputy General Manager
Dumitru Dobrescu - Deputy General Manager
Description
Romgaz is a joint-stock company of national interest, in which the State is the major shareholder, being represented by the Ministery of Economy, Trade and Business Environment. Romgaz undertakes geologic research in order to discover new gas reserves, produces methane by exploiting the reservoirs included in the company portfolio, stores natural gas in the underground deposits, interventions, workover and special operations on wells and technological transport. Recently, Romgaz extended its scope of work by taking over the Iernut thermoelectric power station, and thus it became also electric power supplier.
Latest news about...
Burduja: Iernut power plant 97% complete, works to be completed by June 2
The Iernut gas power plant has gone through a prolonged blockage, but has reached a 97% execution stage, Energy Minister…
Burduja on the corporate governance milestone: Almost a quarter of the people identified in the EC letter have already been dismissed
The dismissal of the people identified in the European Commission letter as not meeting the provisions of milestone 121 of…
Răzvan Popescu: Romgaz takes a first step in getting ready to become a direct gas supplier
Romgaz takes the first step towards supplying natural gas to household and small non-household customers, launching the tender for an…