OMV Petrom's production decreased in the second quarter due to the controlled closure of the Petrobrazi refinery



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Author:


Bianca Ciocotisan

OMV Petrom's production declined in the second quarter of this year, with an impact of about 150 million lei on operating results due to the controlled closure of the refinery's Petrobrazi, a report released Wednesday on the website of the ESB Values ​​Bucharest

"We estimate that the planned 45-day general revision of the Petrobrazi refinery had an effect of about 150 million lei on BCC operating income excluding special oil downstream items in the second quarter "This overhaul also generated higher crude oil inventories, which led to unrealized earnings at Group level. About 260 million lei, which are eliminated in the consolidation line, "the company announced.

The review of the refinery began on April 13 and lasted 6 weeks, while the l & # 39; unit was stopped e) The value of the project amounted to more than 45 million euros and included modernization and maintenance works

During the inspection, maintenance work, inspections and facilities audits, as well as modernization investments in a number of facilities The main budget of the refinery is more than 45 million euros, plus 1.5 billion euros invested in the modernization of Petrobrazi in 2005-2017

After the completion of the modernization works planned for this Petrobrazi refinery, with a refining capacity of 4.5 million tons of crude oil per year, is the One of the most important units of this refinery. guy in the country. Petrobrazi's production can cover fuel requirements each year for 3 million vehicles. Between 2005 and 2017, the Petrobrazi refinery benefited from investments of more than 1.5 billion euros in modernization projects, construction of new facilities and environmental projects

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