Supported byClarion Energy
HomeOilRomania: OMV Petrom’s...

Romania: OMV Petrom’s investment in Petrobrazi refinery

In order to increase the bio-blending capacity and improve the infrastructure for transporting, unloading, and storing bio-components within the refinery, The largest Romanian oil and gas company OMV Petrom has invested some 21 million euros at the Petrobrazi refinery.

Member of OMV Petrom Executive Board responsible for Downstream Oil Radu Caprau said that the company invests in obtaining fuels with a high level of biofuel content, alternative mobility solutions, and various other sustainable projects. It is a combined effort at all levels across the company, as it aims to reduce its carbon emissions by 27 % by 2025 compared to 2010 level.

The Petrobrazi refinery has a total crude oil processing capacity of 4.5 mln tons per year. OMV Petrom supplies fuels with a volumetric bio-content of 6.5 % in diesel and 8 % in gasoline.

As of 2005, OMV Petrom has invested approximately 1.8 billion euros in Petrobrazi refinery, a third of which went into reducing the environmental impact. In 2019, the company managed to reduce its operations’ carbon emissions by 22 % compared to 2010 level.

 

 

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Rompetrol Rafinare boosts Petromidia storage capacity amid refinery upgrade

Rompetrol Rafinare is expanding storage capacity at its Petromidia refinery as part of a programme aimed at improving the flexibility and reliability of crude oil and fuel logistics. The company’s works include changes to tank capacity and refurbishment across...

Romania emergency Danube measures for cooling-water supply at Cernavoda

Three-stage plan tied to intake basin water level Romania has approved an emergency intervention plan aimed at maintaining cooling-water supplies for the Cernavoda nuclear power plant amid exceptionally low Danube levels. The measures would be triggered if the water level...

Romania becomes Southeast Europe’s battery-financing laboratory

Romania is moving beyond announcing battery projects and beginning to demonstrate how large-scale storage can actually be financed. August produced some of the clearest evidence yet. Econergy’s Părău 2 project secured a financing package of approximately €229 million from six banks and financial institutions. The...
Supported byVirtu Energy