Oil Refineries in Romania Market Report

Countries covered: Romania Romania's crude oil refining sector is the largest in terms of operating capacity in Southeastern Europe. The country’s refining capacity exceeds its domestic demand for petroleum products, with the surplus going for export. In 2009, local companies processed 12.3 million tonnes of crude oil. Larger oil companies also have plans to improve their profit and refining margins through ambitious investment programmes. Unable to compete with the refineries of giants as Petrom, Rompetrol and LUKoil, the smaller ones are either heading to a shut-down or to a shift to the petrochemicals sector, as was the example with the Arpechim refinery's petrochemical assets. The report Oil Refineries in Romania concentrates on the current situation in the refining sector in Romania. In 2009 the companies from the oil refining sector produced slightly over 8.0 million tonnes of petrol and diesel together. The report also presents the most important activities of the domestic oil companies. It also contains a background and historical data for the sector, as well as information about the supporting infrastructure. In order to put the Romanian refineries in a global context the report contains information about the global perspectives and forecasts for the refining sector. To evaluate the sector better, the overview ends with a SWOT analysis.

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Press Release

SeeNews, a business information provider for Southeast Europe, has published the report ‘Oil Refineries in Romania 2010’. It concentrates on the current situation in the refining sector in Romania. In 2009 the companies from the oil refining sector produced slightly over 8.0 million tonnes of petrol and diesel together. The report also presents the most important activities of the domestic oil companies. Furthermore, it contains a background and historical data for the sector, as well as information about the supporting infrastructure. In order to put the Romanian refineries in a global context the report comprises of information about the global perspectives and forecasts for the refining sector. To evaluate the sector better, the overview ends with a SWOT analysis.

Romania's crude oil refining sector is the largest in terms of operating capacity in Southeastern Europe. The country’s refining capacity exceeds its domestic demand for petroleum products, with the surplus going for export. In 2009, local companies processed 12.3 million tonnes of crude oil. Larger oil companies also have plans to improve their profit and refining margins through ambitious investment programmes. Unable to compete with the refineries of giants as Petrom, Rompetrol and LUKoil, the smaller ones are either heading to a shutdown or to a shift to the petrochemicals sector, as was the example with the Arpechim refinery's petrochemical assets.

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