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Romania Oil Refineries Market Report
AII Data Processing, Nov 2009, Pages: 34
Romania's crude oil refining sector is the largest in terms of operating capacity in Southeastern Europe. The refining capacity of the country far exceeds its domestic demand for refined petroleum products, with the surplus going for export.
Local refineries processed 20.4 million tonnes of crude oil in 2008. Larger refineries seek to improve their profit and refining margins through modernisation. Unable to compete with the refineries of giants as Petrom, Rompetrol and LUKoil, the smaller refineries in the country are either heading to a shut-down or to a shift to the petrochemicals sector.
The Oil Refineries in Romania report concentrates on the present situation in the refining sector in Romania. The glimpse of the individual refineries with their processing capacity and financial performance in 2008 unfolds into a picture of the whole sector, which in 2008 produced nearly 9.0 million tonnes of petrol and diesel together. The report also touches upon the connections of the refining sector with the upstream, midstream and downstream activities of the domestic oil companies.
A summary of refineries historical background and an examination of the supporting infrastructure add further scope to the report. The offered global perspectives and forecasts for the refining sector attempt to juxtapose the Romanian refineries to the global context of events. The SWOT analysis at the end will generally weigh up the sector.
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