Natgas producer Romgaz H1 net profit falls

The net profit of Romanian natural gas producer Romgaz [BSE:SNG] fell 19.7% on the year to 615.3 million lei ($154 million/138 million euro) in the first half of 2016 due to a decline in natural gas demand, seenews.com reads. The company’s performance was mainly influenced by the decrease of natural gas demand on the Romanian market by approximately 6%, Romgaz said in its first-half financial ...

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