BUSINESS

Nobel Oil opens first gas station in Iasi

Nobel Oil will open, on November 19, its first gas station in Romania, in Iasi, Nobel Oil Services UK Ltd. CEO Michael Wring (photo) stated for Trend, Azerbaijan’s press agency.
He announced that the Nobel Oil Downstream Romania company was created in Bucharest last year.
“This year we started working on the plan and we are already at the first stage of the project,” the Nobel Oil Services UK Ltd. CEO stated. He added that the company plans to create a chain of gas stations in Romania in the following years, one that would cover a large part of the country.
“The first stage of the project should be completed before April 2016, when there will be 4-5 gas stations. We will monitor their efficiency and, if we obtain positive results, we will continue to invest in building gas stations. We plan to build up to 90 gas stations in the next four years,” Wring stated.
“We currently do not plan to develop a chain of gas stations in Azerbaijan. We have taken into account the idea of entering markets in Turkey, Saudi Arabia and Ukraine. But we decided to focus on Romania, seen as the most promising market. So, in the first stage we will focus solely on Romania,” Wring stated.
Nobel Oil is an oil and natural gas company present in Azerbaijan and the United States.

Please follow and like us:

Related posts

Transport Master Plan “cuts” railways lines

Nine O' Clock

Unjustified wage hikes at the Ministry of Transport during Anca Boagiu’s mandate, report unveils

Nine O' Clock

Transport Ministry targets EUR 150 M from EC for airports’ infrastructure