*The refinery is the largest in Romania, having the capacity to refine 5 million tons of oil
Rompetrol Rafinare, a member of KMG International, will shut down the Petromidia refinery and its petrochemical division from October 11 to November 20, in order to perform scheduled general overhaul works, the company announced.
The company will deliver products to its clients from its own stocks and from regional market stocks during this period.
“The general overhaul takes place every 5 years, in line with the relevant legislation in force, and the total investment in the overhaul of the Petromidia refinery and the petrochemical division stands at USD 77.5 M this year. The scheduled technical overhaul is meant to ensure a high degree of safety at a low maintenance cost, as well as to improve the efficiency of the installations through high mechanical availability,” Rompetrol Rafinare CEP Yedil Utekov stated.
At the same time, the general overhaul concerns full corrective and preventive maintenance works and the technical inspection of the equipment, which is necessary in order to maintain the refinery at its nominal capacity. The Petromidia refinery has an installed processing capacity of 14,000 tons per day, and in 2014 it processed a record level of 5.05 million tons of raw materials. The refinery operated at full capacity last year and did not register any scheduled or accidental shut down (365 days).
Petromidia Refinery is the biggest refinery in the country, and its performance has come about as a result of the investment made by KMG International and its sole shareholder, Kazakhstan’s KazMunayGas. The investments sought to boost its processing capacity to over 5 million tons per year as well as to modernize its industrial installations.