Romania Oil Refineries Market Report

Romania's crude oil refining sector is the largest in terms of operating capacity in Southeastern Europe. The refining capacity of the country far exceeds its domestic demand for refined petroleum products, with the surplus going for export.Local refineries processed 20.4 million tonnes of crude oil in 2008. Larger refineries seek to improve their profit and refining margins through modernisation. Unable to compete with the refineries of giants as Petrom, Rompetrol and LUKoil, the ...

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