Net profit of over RON 4bn in 2018 for OMV Petrom. Investments down in 2019

In Q4/18 OMV Petrom benefited from increased demand for electricity and fuels as well as higher commodity prices compared to Q4/17, while the refining margin continued the downward trend in Q4/18, a company release informes on Wednesday. “The full year 2018 Clean CCS Operating Result reached RON 4.8 bn, with Upstream contributing about two thirds. Upstream benefitted from better realized prices and lower OPEX, depreciation and exploration ...

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