Romgaz Group reported consolidated net profit of RON 2.22 billion in the first nine months of 2026, down 8.9% compared with the same period last year, while turnover declined by 5.74% to RON 5.7 billion, according to the quarterly report submitted to the Bucharest Stock Exchange (BVB). Natural gas production decreased by 2.06% to 3.6 billion cubic metres.

According to the report, revenue from natural gas sales fell by 8.9%, from RON 5.25 billion in the first nine months of 2025 to RON 4.78 billion in January-September 2026.

The decline was driven by a 5.4% decrease in gas volumes delivered, as well as a reduction in the regulated natural gas sales price from RON 120/MWh to RON 110/MWh, effective April 2026.

By contrast, revenue from electricity sales increased by 35.9% to RON 332.99 million, supported by an 11.8% rise in volumes delivered and higher prices.

Consolidated revenue from gas storage services decreased by 2.09% to RON 423.11 million.

Romgaz produced 3.6 billion cubic metres of natural gas in the first nine months of 2026, 2.06% less than in the corresponding period of the previous year.

The company attributed the decline to the natural depletion of mature gas fields, while rehabilitation and production optimisation works continued.

During the reporting period, Romgaz brought two new wells into production and reactivated 142 wells, following repair and re-equipping works carried out on 168 wells.