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Romania: Petromidia incident brought no interruptions in fuel supply

The fire that broke out on 2 Julyat the Petromidia refinery, owned by the Kazakh KMGI group, at the diesel and oil refining plant. The explosion, followed by a fire, killed one and injured another five. All the technological processes inside the refinery were halted.

According to Romanian Minister of Energy Virgil Popescu, there are no problems with the stocks of fuels, but this depends on how fast the Petromidia refinery will resume operations. Minister Popescu said that he talked with the representatives of OMV Petrom, who are in constant contact with Petromidia, and they do not see any problems in supplyeither. This is the situation at the moment, but the effects depend on the scope of the damages at the Petromidia refinery and for how long it will be closed. He added that Rompetrol said that fuel depots at the refinery were not affected by the fire.

The installation damaged by the explosion is subject to a 20 million dollars insurance contract with Omniasig. The refinery will continue to provide fuel for Rompetrol stations in Romania and the Black Sea region. Petromidia is the largest refinery in Romania and one of the most modern in the Black Sea and the Mediterranean Sea area. The strategic location and the complex distribution network make Petromidia a real energy hub, able to cover the network of distribution stations in Romania substantially. Also, the fuel produced at Petromidia is distributed in countries such as Bulgaria, Georgia or the Republic of Moldova, where it is also sold under the Rompetrol brand.

 

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