SNGN Romgaz SA 2016 Annual Report with Sustainability Disclosures
The report highlights ROMGAZ's performance in the fiscal year 2016, during which the company achieved a net profit of RON 1,024.6 million despite challenging market conditions and increased competition from gas imports. Key achievements include a major hydrocarbon discovery in the Caragele structural complex and the completion of the first modernization phase of the Sarmasel underground gas storage facility, increasing its capacity to 950 million cubic meters per cycle. On the environmental front, the company monitored 895,835 tons of CO2 emissions at its Iernut power plant and updated its waste prevention program. Additionally, ROMGAZ continued its community support through significant sponsorships in healthcare, education, and sports.
Company: SNGN Romgaz SA
Sector: Mining & quarrying
Country: Romania
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 203
Back to company
SNGN Romgaz SA
Board Of Director’S Report
The report highlights ROMGAZ's performance in the fiscal year 2016, during which the company achieved a net profit of RON 1,024.6 million despite challenging market conditions and increased competition from gas imports. Key achievements include a major hydrocarbon discovery in the Caragele structural complex and the completion of the first modernization phase of the Sarmasel underground gas storage facility, increasing its capacity to 950 million cubic meters per cycle. On the environmental front, the company monitored 895,835 tons of CO2 emissions at its Iernut power plant and updated its waste prevention program. Additionally, ROMGAZ continued its community support through significant sponsorships in healthcare, education, and sports.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
Mar 23, 2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Total Waste
Employees