Romanian refinery of KazMunayGaz reports record operations in 2018

Romania’s biggest oil refinery, Petromidia, reported record operational results in 2018 when it processed 5.9 million tons of crude oil, 20% more than planned. The refinery is part of Rompetrol Rafinare, a Romanian oil company 54%-controlled by Kazakh state oil company KazMunayGas through KazMunayGas International (KMGI). The Romanian state also holds a minority stake (46%) in Rompetrol Rafinare. KMGI group reported a net profit of USD 86 million for last year. The ...

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