Romanian Petrom Deems Gas Use More Convenient For Electric Power Production

Romania’s largest vertically integrated oil company Petrom (SNP.RO) considers the 1.2 billion cubic meters of gas from own output to be more appropriate for the electric power production rather than for its further supply on the market, Petrom’s CEO Mariana Gheorghe said .Petrom said the gas should target the future 860-megawatts power plant at Brazi, near the capital city Bucharest. The power plant in Brazi will be built by a consortium made up of General Electric and Greek ...

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