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KazMunaiGaz to invest $600 mln in Romania by 2010

Publicat la 24.07.2008, 21:00:00

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KazMunaiGaz to invest $600 mln in Romania by 2010

Rompetrol group, controlled by Kazakh state-owned KazMunaiGaz, will invest $600 million in Romania by 2010 for strategic development.

The company will invest €105 million for refining this year, to produce Euro 5 fuel at a five million tons capacity by 2010.

Rompetrol Rafinare will also finalize a €14 mln investment by November 2008 to build two new Midia Port terminals.

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