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.
-11 vs industry average
Romgaz’s score of 5 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 16% since 2018
Emissions trajectory 2020 – 2024
Reported emissions
Scope 3 accounts for ••• of total emissions.
Romgaz's reported carbon emissions
Romgaz: Carbon Emissions and Climate Commitments (Natural Gas Liquids, RO)
Romgaz, headquartered in Romania and operating within the Natural Gas Liquids industry, has reported varying levels of emissions data across different reporting years.
Emissions Overview:
- 2021: Romgaz reported Scope 1 emissions of approximately 406,980,780 kg CO2e and Scope 2 emissions of approximately 614,000 kg CO2e. Scope 3 data for this year was not disclosed.
- 2020: Scope 1 emissions were approximately 536,867,351 kg CO2e, with Scope 2 emissions at approximately 518,000 kg CO2e. Scope 3 emissions were not disclosed.
- 2019: Scope 1 emissions totalled approximately 371,249,000 kg CO2e. Scope 2 emissions were reported as approximately 576,000,000,000 kg CO2e. Scope 3 emissions were not disclosed.
- 2018: Scope 1 emissions were approximately 678,278,000 kg CO2e, and Scope 2 emissions were approximately 472,000,000,000 kg CO2e. Scope 3 emissions were not disclosed.
- 2017: Scope 1 emissions amounted to approximately 1,183,984,380 kg CO2e. Additionally, waste generated in operations (a Scope 3 category) contributed approximately 373,136 kg CO2e. Scope 2 and other Scope 3 emissions were not disclosed for this year.
For the reporting years of 2022 and 2023, Romgaz has indicated the intensity of greenhouse gas emissions in tonnes: 188.0 tonnes for 2022 and 206.0 tonnes for 2023. However, specific absolute emissions figures for Scope 1, 2, or 3, as well as a total sum of emissions, were not provided for these years.
Climate Commitments and Reduction Targets:
Romgaz has not publicly disclosed any specific reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge. Further details on their decarbonisation strategy can be found in their sustainability reports and a document titled "SNGN ROMGAZ SA - Decarbonization Strategy 2025".
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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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