Rompetrol Refining begins production of Euro 5 gasoline
Rompetrol Refining, the refining subsidiary of the Romania-based Rompetrol Group, has started producing Euro 5 standard gasoline, with a sulfur level lower than 10 parts per million. The company has invested over $40 million to produce Euro 5 compliant gasoline.
Through the finalization of investments of approximately $121 million for 2008, Rompetrol Refining is expected to produce Euro 5 fuels in 2010, against the background of the increase of the raw material processing capacity to five million tons per annum (MTPA), from 4.1 million tons for 2008 and 1.15 million tons in 2000.
According to the company, the technological and environmental investments of around $350 million during the 2001-07 period enabled the refinery to shift from the production of Euro 2 and Euro 3 fuels in 2002-03, to exclusively Euro 4 and Euro 5 fuels in 2006.
The Rompetrol Group claims to operate over 700 stations in Romania, Georgia, Bulgaria and France. Rompetrol Downstream operates more than 450 gas stations and seven depots for wholesale activities in Romania, and has been trading Euro standard fuels since 2003.
The Rompetrol Group is a multinational oil company headquartered in Amsterdam, The Netherlands, operating in 13 countries, and with the majority of its assets and operations based in France, Romania, Spain, and South-East Europe. The group is engaged in refining, marketing and trading, with additional operations in exploration and production, and other oil industry services such as drilling, EPCM, and transportation.
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