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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.
-14 vs industry average
Romgaz’s score of 3 is lower than 13% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Natural Gas Liquids is among the most carbon-intensive industries
The Natural Gas Liquids industry has reduced its overall emissions by 16% since 2018
Scope 3 accounts for ••• of total emissions.
Romgaz, a Natural Gas Liquids company headquartered in Romania (RO), has not disclosed comprehensive carbon emissions data for 2023 or 2022. For these years, only an unspecified intensity of greenhouse gas emissions is available, reported as 206 kg CO2e per tonne in 2023 and 188 kg CO2e per tonne in 2022.
Looking at previous years, in 2021, Romgaz reported Scope 1 emissions of 406,980,780 kg CO2e and Scope 2 emissions of 614,000 kg CO2e. In 2020, Scope 1 emissions were 536,867,351 kg CO2e and Scope 2 emissions were 518,000 kg CO2e. For 2019, Scope 1 emissions were 371,249,000 kg CO2e and Scope 2 emissions were 576,000,000,000 kg CO2e. In 2018, Scope 1 emissions were 678,278,000 kg CO2e and Scope 2 emissions were 472,000,000,000 kg CO2e. In 2017, the company reported Scope 1 emissions of 1,183,984,380 kg CO2e and Scope 3 emissions (specifically from waste generated in operations) of 373,136 kg CO2e. Romgaz has not reported a total sum of all Scope 1, 2, and 3 emissions for any year.
Romgaz has not publicly disclosed specific, quantifiable carbon reduction targets or commitments, nor does it participate in the Science Based Targets initiative (SBTi) or the Climate Pledge.
No climate goals have been disclosed for Romgaz yet.
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