Last checked at 28 Jun 2022 13:08
June 28, 2022
A N N O U N C E M E N T
Societatea Nationala de Gaze Naturale "ROMGAZ" S.A. informs its shareholders and investors about the publication of the Sustainability Report for 2021.
The fifth Sustainability Report of ROMGAZ Group, developed in accordance with the internationally non-financial reporting standards Global Reporting Initiative (GRI) and with the national and European legislative requirements, presents in a transparent manner the non-financial performance achieved during 2021, as well as the objectives to which ROMGAZ Group is committed to and throughout which it aims to contribute to a better future for current and future generations.
Mr. Aristotel Marius Jude, S.N.G.N. ROMGAZ S.A. Chief Executive Officer:
" «ROMGAZ - Performance for a sustainable future» Report contributes to maintaining an open and transparent dialogue with all stakeholders regarding our management approach, policies, projects in which we get involved in as well as our performance evaluation indicators that you will find in this report. In terms of responsibility towards community and concern for improving life quality for present and future generations benefit, ROMGAZ embraces a voluntary attitude, according to legal requirements, acting perseveringly for economic and social equity, environmental protection and supporting projects with positive impact upon the community, constantly evaluating and adjusting its involvement directions, while being aware of the role we play in society."
The Report is available on the company's website, www.romgaz.ro, under Investors - Annual Reports - 2021.
Chief Executive Officer,
Aristotel Marius JUDE
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About ROMGAZ
S.N.G.N. Romgaz S.A. (ROMGAZ, the company) is the largest natural gas producer and the main supplier in Romania. The company is listed on Bucharest Stock Exchange and London Stock Exchange. The majority shareholder is the Romanian State owning a 70% stake. The company has a vast experience in the field of gas exploration and production, with a history that began in 1909 and spans more than 100 years. Romgaz undertakes geological exploration with the aim of discovering new gas reserves, produces methane gas by exploiting the reservoirs included in the company's portfolio and stores natural gas in underground storages; it performs well interventions, workover and special operations and ensures technological transportation professional services. In 2013, Romgaz extended its scope of work by taking over Iernut Thermoelectric Power Plant, becoming electricity producer and supplier.
About ROMGAZ Group
The information presented in this report provides an overview of the non-financial performance of the ROMGAZ Group, consisting of S.N.G.N. ROMGAZ S.A. as a parent company and S.N.G.N. ROMGAZ S.A. - DEPOGAZ Ploiesti Natural Gas Storage Branch S.R.L. (DEPOGAZ), a wholly owned subsidiary of S.N.G.N. ROMGAZ S.A. DEPOGAZ is the main storage operator in Romania, having a share of approximately 90.5% of Romania's total active storage capacity.