Romania is the world’s 27th-largest producer of natural gas and the country’s output decreased by 9% in 2022, over 2021. The country accounts for 0.21% of global production, with the world’s other largest producers being the US, Russia and Iran. GlobalData uses proprietary data and analytics to provide a complete picture of the natural gas sector in Romania in its report, Oil and Gas Upstream Production and Capex Outlook by Projects (Crude and Condensate and Natural Gas), Fields (Active, Planned and Announced), Region, Key Countries, Companies and Forecast, 2023-2027. Buy the report here.
Over the five years to 2022, production from Romania decreased by a CAGR of 3% and is expected to rise by a CAGR of 9% between 2023 and 2027.
The largest producers of natural gas in Romania are Societatea Nationala de Gaze Natural Romgaz, OMV and Stratum Energy. Societatea Nationala de Gaze Natural Romgaz was the largest producer of natural gas in 2022 with output down by 4% on 2021.
OMV was the second-largest producer, with output down by 20%, and Stratum Energy was third with a decrease of 4% on the previous year.
There are 18 natural gas producing fields in Romania of which two are located offshore and the rest onshore. The Gorj has the majority of the natural gas fields in the country with three.
For more detailed analysis of natural gas sector in Romania, buy the report here.