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May 26, 2020
BUSINESS

ANRE: Petrom receive the license to supply electric energy

Petrom received, recently, the license to supply electric energy, based on the data provided by the National Regulatory Agency in the field of Energy, HotNews informs.

The license is valid for two years, until May 2011, and Petrom intends to use it for Brazi Plant, when this becomes operational, according to representatives of the company.

Petrom also has a license for producing electric energy, which expires on July 15, 2028, and another license for distributing electric energy, the latter expiring on July 10, 2028.

Petrom has recently signed a contract with EIB and with EBRD for two non guaranteed corporate loans, each worth EUR 200 M, maturing in 12 years, to secure part of the operation of the Brazi based electric plant. The greenfield electric plant from Brazi will have an installed power of 860 MW. The project is EUR 500 M worth and it is expected to account for 9 per cent of the country electricity production, by 2012, the year when the plant becomes fully operational. Around 20 per cent of the plant capacity shall be used to cover Petrom own consumption, the balance remaining to sell in the energy market of Romania.

Petrom reduced diesel price by RON 0.02/l

As of Saturday, Petrom reduced the reference prices for diesel by RON 0.02 / l, based on a company press release, Agerpres informs.

1l of diesel costs RON 3.43 for Top Euro Diesel, RON 3.48 for OMV Sprint Diesel, RON 3.3 for Euro Diesel 5 and RON 3.76 for OM Premium Diesel.

The latest change in the diesel price, made by Petrom, took place on May 14, when the company raised the prices by RON 0.03 / 1l. On May 20, Petrom raised the petrol price by RON 0.06 / 1l.

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