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Romania: Petromidia refinery to reach highest fuel export volume in six years

Romania’s largest refinery, Petromidia, operated by Rompetrol Rafinare and controlled by the KMGI group, is set to increase fuel exports to 1.76 million tons in 2024, marking the highest export volume in six years. Exports will account for 35% of the refinery’s total output, while the domestic market remains the main priority. Projections suggest that 2025 could see an even greater export volume of petroleum products.

In terms of fuel distribution, Petromidia will supply twice as much diesel as petrol within Romania. However, exports will be more evenly balanced between the two fuel types, with a slight surplus in petrol shipments. Petrol exports are expected to reach 841,000 tons, surpassing domestic supply (628,000 tons), while diesel consumption in Romania will be nearly 1.5 million tons, significantly outweighing exports, which will remain below 800,000 tons.

Petromidia plans to process 5.3 million tons of raw materials, including 4.96 million tons of crude oil. Meanwhile, the group’s second refinery, Vega, which specializes in bitumen, hexane, solvents, and other products, will refine 403,000 tons of raw materials.

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