Petrom supplies additional natural gas to Romanian consumers

January 6, 2009

• Petrom will supply daily an additional total quantity of around 1.3-1.5 mn cm of natural gas
• Good collaboration with Transgaz for the increase of the quantities injected in the national current production system
• New wells enter production following record investments in the last 4 years
• Petrom is prepared to supply around 70-75 ktons of heavy fuel for the district heating power plants  power plants by end January

Petrom, the largest oil and gas producer in South-Eastern Europe,increases the natural gas volume to be delivered to Romanian consumers, by injecting additional quantities in the national gas transport system, bringing on stream new natural gas wells and temporary shutdown of Doljchim plant.
 
Mariana Gheorghe, CEO Petrom: „I believe in such situations the partnership between the authorities and the companies is extremely important as well as the responsible manner each of them acts. In the short term, we are working together with the other operators on the market in finding operative solutions to respond in the best way to the challenges caused by this world situation. In the long term, we committed, by means of our investments and programs, to contribute to the security of energy supply of Romanian consumers. Over the past 4 years our investments amounted to EUR 3.56 bn and are shown in these moments by bringing on stream new wells and increase efficiency in gas consumption”.
 
Taking into consideration the reduction of natural gas quantities delivered to Romania, Petrom took a series of measures that will improve the situation of the natural gas supply. Therefore, following good collaboration with Transgaz and the bringing on stream of the well 20 Văleni (Craiova area), Petrom will increase the quantity of the natural gas injected in the national network by around 300,000-500,000 cbm of gas/day. Moreover, by temporarily shutting down Doljchim plant, an additional quantity of 1 mn cbm/day will be made available for the population.
 
As for the supply of alternative fuels that could be used by the district heating power plants instead of gas, Petrom is ready to supply around 70-75 kilotons of heavy fuel until the end of the month.”