The current regulations impose an obligation on EU oil and gas producers to provide 50 Mtpa of CO2 storage capacity by 2030. Romania is accountable for 10.25 Mtpa of this total, with Romgaz  alone having a capacity contribution obligation of 4.12 Mtpa.

The company argues that the capacity obligation established for Romania's companies accounts for over 20% of the EU objective, despite the country being responsible for only about 3% of the total CO2 emissions generated by the EU manufacturing sector between 2020-2023. 

Aristotel Jude, Romgaz Deputy CEO, said: ”I would like to highlight that it is for the first time that the European Parliament/Commission, by means of an European regulation/delegated regulation/decision, directly imposes obligations, including monetary obligations, to companies which are subjected to corporate strictness and to the rules of the commercial markets on which they operate, without a prior technical and economic impact study showing the technical and economic feasibility in relation to the imposed obligations.”

Romgaz contends that the challenged acts introduce significant disproportionality and uncompetitive behaviour, while the required investments of several hundred million euros lack economic feasibility conditions or adequate guarantees.