Market News

S.N.G.N. ROMGAZ S.A. - SNG

Report according art. 225 Law 297/2004

Release Date: 12/12/2016 9:54:26 AM

IRIS Code: 60D34

CURRENT REPORT

In compliance with art. 225 of the Romanian Capital Market Law no. 297/2004 and art. 113 letter G of CNVM Regulation no. 1/2006

Report date: December 12, 2016
Company name: Societatea Nationala de Gaze Naturale ROMGAZ S.A.

Address: Medias, 4 Constantin I. Motas Square, Sibiu County – Romania, 551130
Phone/fax no: 004-0269-201020 / 004-0269-846901

Fiscal Code: RO14056826

Trade Register registration number: J32/392/2001

Subscribed and paid in share capital: 385,422,400 RON

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)

Important event to be reported:

· S.N.G.N. ROMGAZ S.A. concluded legal documents with companies where the Romanian State is major shareholder

According to the provisions of Art. 225 of Capital Market Law No.297/2004, S.N.G.N. ROMGAZ S.A. reports the following legal documents:

No	Party to the Agreement	Agreement No and date	Scope of Agreement	Estimated Value including VAT (RON)	Terms and Payment Methods	Mutual Receivables	Issued Guarantee		Penalties (%/day)
1.	S.C. TERMOFICARE ORADEA S.A.	Add no.3/November 28, 2016 to Contract no.38/2015	Gas sale/ purchase on the competitive market for heat producers (period December 01, 2016 - December 31, 2016)	18,445,116.84	Advance Payment, the settlement invoice due within 30 days after issue	-	-		0.05
The Addendum no. 3/2016 modifies the amount of natural gas to be delivered according to Contract no. 38/2015 for December 2016 and, therefore, the contract value. Thus, the updated estimated value of Contract no. 38/2015, after concluding Add no. 3/2016, is RON 125,968,197.18 VAT included (for the period October 1, 2016 – September 30, 2017)
2.	S.C. Electrocentrale Constanta S.A.	Add no. 2/November 28, 2016 to Contract no. 25/2016	Gas sale/purchase on the competitive market for heat producers (period December 01, 2016 - December 31, 2016)	12,976,245.37	Advance Payment, the settlement invoice due within 30 days after issue	-	-		0.1
The Addendum no. 2/2016 modifies the amount of natural gas to be delivered according to Contract no. 25/2016 for December 2016 and, therefore, the contract value. Thus, the updated estimated value of Contract no. 25/2016, after concluding Add no. 2/2016, is RON 79,607,038.81 VAT included (for the period October 1, 2016 – September 30, 2017)
3.	S.C. TERMO CALOR CONFORT S.A.	Add no. 2/November 28, 2016 to Contract no. 14/2016	Gas sale/purchase on the competitive market for heat producers (period November 01, 2016-December 31, 2016)	4,331,027.60	Advance Payment, the settlement invoice due within 30 days after issue	-	-		0.1
The Addendum no. 2/2016 modifies the amount of natural gas to be delivered according to Contract no. 14/2016 starting with November 1, 2016 and, therefore, the contract value. Thus, the updated estimated value of Contract no. 14/2016, after concluding Add no.2/2016 is RON 24,910,300.76 VAT included (for the period October 1, 2016- September 30, 2017)
4.	S.C. ELECTROCENTRALE GALATI S.A.	Add no. 1/November 1, 2016 to Contract no. 32/2016	Gas sale/purchase on the competitive market – non households	0,00	Advance Payment, the settlement invoice due within 30 days after issue	-	Debt assignment agreement	0.1
5.	S.C. ELECTROCENTRALE GALATI S.A.	Add no. 2/November 25, 2016 to Contract no. 32/2016	Gas sale/purchase on the competitive market – non households (period December 01, 2016- December 31, 2016)	7,799,241.60	Advance Payment, the settlement invoice due within 30 days after issue	-	-	0.1
6.	S.C. ELECTROCENTRALE GALATI S.A.	Add no. 1/November 25, 2016 to Contract no. 33/2016	Gas sale/purchase on the competitive market for heat producers (period December 01, 2016-December 31, 2016)	6,705,020.40	Advance Payment, the settlement invoice due within 30 days after issue	-	-	0.1
The Addendum no. 2/2016 modifies the amount of natural gas to be delivered according to Contract no. 32/2016 starting with December 01, 2016 and, therefore, the contract value. Thus, the updated estimated value of Contract no. 32/2016, after concluding Add no. 2/2016 is RON 13,474,722.40 VAT included (for the period November 01, 2016- December 31, 2016) The Addendum no. 1/2016 modifies the amount of natural gas to be delivered according to Contract no. 33/2016 starting with December 01, 2016 and, therefore, the contract value. Thus, the updated estimated value of Contract no. 33/2016, after concluding Add no. 1/2016 is RON 11,550,125.59 VAT included (for the period November 01, 2016-December 31, 2016)
7.	S.C. COMPLEX ENERGETIC HUNEDOARA S.A.	Add no. 1/October 26, 2016 to Contract no. 16/2016	Gas sale/purchase on the competitive market for heat producers (period November 01, 2016- November 30, 2016)	109,896.34	Advance Payment, the settlement invoice due within 30 days after issue	-	-		0.1
8.	S.C. COMPLEX ENERGETIC HUNEDOARA S.A.	Add no. 2/November 29, 2016 to Contract no. 16/2016	Gas sale/purchase on the competitive market for heat producers (period December 01, 2016-December 31, 2016)	852,294.83	Advance Payment, the settlement invoice due within 30 days after issue	-	-		0.1
The Addendums no. 1/2016 and no. 2/2016 modify the amount of natural gas to be delivered according to Contract no. 16/2016 starting with November 01, 2016 and, therefore, the contract value. Thus, the updated estimated value of Contract no. 16/2016 , after concluding Add no. 1/2016 and Add. no. 2/2016 is RON 1,397,538.73 VAT included (for the period November 01, 2016- December 31, 2016)
9.	S.C. ELECTROCENTRALE BUCURESTI S.A.	Add no. 4/2016 to Contract no. 8/2016	Gas sale/purchase – non households (period November 01, 2016- January 31, 2017)	213,024,000.00	Advance Payment for additional amounts, payment within 45 calendar days after settlement invoice issue	-	First lien mortgage over industrial immovable asset CET Grozavesti	Equal to the penalty interest for outstanding payment of budgetary obligationsfor each day of delay
The Addendum no. 4/2016 modifies the amount of natural gas to be delivered according to Contract no. 8/2016 starting with November 01, 2016 and, therefore, the contract value. Thus, the updated estimated value of Contract no. 8/2016 after concluding Add no. 4/2016 is RON 477,497,100.00 VAT included (for the period November 01, 2016 – September 30, 2017)

Director General,

Virgil - Marius METEA

SNG_20161212092742_Raport-Curent-contracte-art-225---12-decembrie-2016.pdf
SNG_20161212092805_Current-Report-contracts-art-225---December-12-2016.pdf

Information provided by IRIS, the news platform of the Bucharest Stock Exchange.

______________________

Bucharest Stock Exchange ("BVB") is not responsible for the content of this News item. Issuers whose financial instruments are traded on markets operated by BVB are required to report in accordance with current legal and regulatory provisions. BVB publishes these Reports as market administrator, appointed by ASF. When, for investors’ information, Reports are published, either signed by different persons, or with conflicting information, legal liability lies fully with the signatories. BVB disclaims any obligation or responsibility towards issuers or third parties, regarding the reality, completeness and accuracy of information provided by them and distributed by BVB. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.