Its role Owner
Societatea Națională de Gaze Naturale Romgaz S.A. (Romgaz) is Romania’s largest natural gas producer and a state-controlled energy company headquartered in Mediaș. Its core activities span exploration and production of natural gas and condensate, predominantly onshore in Romania, with involvement in offshore projects in the Black Sea. Romgaz also operates underground gas storage through its subsidiary Depogaz, and conducts gas marketing and trading to support domestic supply and system balancing.
The company is involved in gas-fired power generation at Iernut, integrating upstream resources with electricity production. Romgaz plays a central role in Romania’s energy security by managing mature fields, investing in new resources, and operating critical storage infrastructure that supports seasonal demand and market stability.
Also known as S.N.G.N. Romgaz S.A. and SNGN Romgaz.
chemXplore tracks 1 project involving Romgaz, of which one is active.
Half of €11bn capex deployed; Neptun Deep first gas H1 2027; renewables, storage, SAF/HVO unit and expanded EV charging to 2030.
First gas into Romania's NTS expected H1 2027; plateau by end‑Q3 2027 at ~8 bcm/year; development capex ~EUR 4bn; recoverable volumes ~100 bcm.
Clean CCS Operating Result 3 bn lei; net income 1.8 bn lei; CAPEX 3.7 bn lei; contribution to state budget 10.2 bn lei; Neptun Deep on track for first gas in 2027.
Offshore production platform installed; 160 km pipeline and 6 of 10 wells complete; production on track for 2027.
Pipelaying begins for 160 km Neptun Deep subsea gas line; Castoro 10 on site. ~50-vessel mobilization; subsea systems, platform and wells targeted to deliver first gas in 2027
BEH acquires 10% in Han Asparuh offshore venture. Exploration drilling began in Dec 2025. Potential economic benefits include GDP growth and enhanced energy security for Bulgaria.
Exploration drilling in Bulgaria's Han Asparuh block starts with two wells, costing €170M, using advanced tech and safety standards, aiming to enhance regional energy security.
Neptun Deep progresses for 2027 gas. Anaconda-1 drilling follows. Onshore exploration continues. Production licenses extended 15 years.
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