Romgaz S.A., headquartered in Romania, is a leading player in the natural gas liquids industry. Founded in 1909, the company has established itself as a cornerstone of Romania's energy sector, primarily operating in the extraction, production, and supply of natural gas and related products. With significant operations in key regions across Romania, Romgaz is renowned for its commitment to innovation and sustainability.
The company offers a range of core services, including natural gas extraction, underground gas storage, and electricity production, setting itself apart through its advanced technologies and efficient operational practices. Romgaz has achieved notable milestones, reinforcing its market position as one of the largest natural gas producers in Romania. With a focus on quality and reliability, Romgaz continues to play a vital role in meeting the energy needs of the region.
-13 vs industry average
Romgaz’s score of 3 is lower than 14% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Natural Gas Liquids is among the most carbon-intensive industries
Industry performance
The Natural Gas Liquids industry has reduced its overall emissions by 98% since 2019
Emissions trajectory 2020 – 2024
Reported emissions
Scope 3 accounts for ••• of total emissions.
Romgaz's reported carbon emissions
Romgaz, headquartered in RO and operating in the Natural Gas Liquids sector, has reported varying levels of emissions data across its operations. For the reporting year 2021, Romgaz reported Scope 1 emissions of approximately 406,980,780 kg CO2e and Scope 2 emissions of approximately 614,000 kg CO2e. The previous year, 2020, saw Scope 1 emissions of approximately 536,867,351 kg CO2e and Scope 2 emissions of approximately 518,000 kg CO2e. In 2019, Scope 1 emissions were approximately 371,249,000 kg CO2e, with Scope 2 emissions reported at a significantly higher figure of approximately 576,000,000,000 kg CO2e. Historical data from 2018 indicates Scope 1 emissions of approximately 678,278,000 kg CO2e and Scope 2 emissions of approximately 472,000,000,000 kg CO2e. For 2017, Scope 1 emissions were approximately 1,183,984,380 kg CO2e, alongside Scope 3 emissions from waste generated in operations of approximately 373,136 kg CO2e. Romgaz has not disclosed any specific reduction targets or achievements in the provided documentation. Furthermore, no data regarding Science Based Targets initiative (SBTi) alignment or participation in other climate commitments such as the Climate Pledge has been identified for Romgaz. The company's sustainability reports for 2021 and 2020 note that Scope 3 emissions, specifically purchased goods and services, were not disclosed. For 2023 and 2022, Romgaz reported intensity of greenhouse gas emissions of 206.0 tonnes and 188.0 tonnes respectively, categorised as "other", without specifying the scope of these emissions.
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Romgaz’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Romgaz yet.
Scope 3 top emissions categories
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Emissions comparison with industry peers
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