BAKU, Azerbaijan, May 15
By Leman Zeynalova – Trend:
Natural gas production by Romania’s Romgaz company recorded in Q1 2021 was 1,311.5 million m3, by 3.7 percent lower than the production of Q1 2020, Trend reports with reference to the company.
Bearing in mind that every hydrocarbon production company records a production decline, the company recorded in Q1 2021 a relatively high production supported by:
Continuous rehabilitation projects for main mature gas fields, mitigating production decline in such fields;
Performing recompletion operations in wells that led to reactivation of several wells with important flow rates.
The conditions underlying these results were: Gas imports for consumption were approximately 9.66 TWh, 6.7 percent higher than the quantity of Q1 2020; Withdrawals from Romgaz UGS’s were by 150 percent higher than in the similar period of last year. National gas consumption estimated for Q1 2021 was 49.13 TWh, by approx. 6 percent higher than the consumption recorded in Q1 2020, out of which 9.66 TWh is covered by import gas and the difference of 39.47 TWh by domestic gas. Romgaz contribution is 18.14 TWh, representing 36.92 percent from the national consumption, and 45.96 percent from the consumption supplied from internal gas. Romgaz market share rose by 2.5% as compared to the market share recorded in Q1 2020. Electricity supplied was of 185.8 GWh, by 22.67% lower than for the similar period of last year (240.3 GWh).
Electricity production reached 202.1 GWh, by 21.96 percent lower than production in the similar period of last year (258.9 GWh), the difference against the electricity supplied into the National Power Grid represents own consumption of the power plant.
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