Page 62 - Revista de industrie mai 2019

Strategy Mintia is supposed to enjoy an an an installed power of of 400-500 MW and an an an investment of of of about 300 million euro The main purpose of of both Mintia and Iernut plants is to help stabilize the the National Energy System (SEN) acting in in the the the area of system services when the the situation
for Mintia the the the study regarding the the the new investment is ongoing ” said the the the General Manager of Romgaz The company has outlined its development strategy for the the coming years the the the main action
areas being the the the development of the the core business exploration production better capitalization of the the natural gas and electricity output development of the the storage activity and regional business expansion In order to become an an an an integrated company Romgaz is also considering purchasing the facilities needed to produce green energy Financial results exceeding the budgeted projections
The company’s preliminary financial results for 2018 are higher than the budgeted projections
(increase in in terms of of output and forecasted net profit) „They are heavily influenced by the the the the methodology for determining the the the the value of the the the the oil charge and the the the the reference price for its calculation the the the drastic adjustment of the the the storage storage charge for the the the the storage storage cycle 2018- 2019 as as well as as the the the additional additional taxation of the the the additional additional income resulting from the the the deregulation
of natural gas prices set by the the producers ” said Adrian Volintiru SNGN Romgaz SA is implementing several investment projects aimed at at increasing the electricity output discovering new natural gas reserves and exploiting mature deposits An important proportion
of last year’s investment investment program was dedicated to to investment investment in in in in geological exploration in in in order to to discover new reserves „The level
of of the the reserve reserve replacement rate was determined by the the the results of of the the the mature deposit rehabilitation process and by the the investment effort required to promote lower category reserves (probable and possible) The exploration investment efforts and the the results obtained in in in the the last so requires ” explains the General Manager of Romgaz The investment at at Iernut is on on time with the the completion deadline at at the the the end of the the the year year and commissioning planned for the the first quarter of next year year As
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Photo Romgaz