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OMV´s Petrom: Investments Totaled € 7.7bn Since 2004

Published: June 27, 2012; 18:18 · (Vindobona)

Petrom, the Romanian subsidiary of Austrian OMV finalized the upgrade of the crude vacuum distillation unit in Petrobrazi refinery. Investments of approximately € 100m will be made.

OMV´s Petrom: Investments Totaled € 7.7bn Since 2004 / Picture: © OMV AG

Petrom commissioned the modernized crude vacuum distillation unit in Petrobrazi refinery, during the scheduled 6-week refinery general shutdown. The investment for the modernization program amounted to around € 100m. Petrobrazi refinery resumed operations this week.

Neil Anthony Morgan, Petrom Executive Board member, responsible for Refining and Marketing: “Romanian…

This article includes a total of 463 words.

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OMV, Petrom, Expansion, Oil Industry, Romania, M & A, Investments
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