Page 15 - EurOil Week 29 2021
P. 15

EurOil                               PROJECTS & COMPANIES                                             EurOil















































       KMG refinery in Romania may




       remain closed half a year





        ROMANIA          ROMANIA’S biggest refinery Petromidia, oper-  of the machinery and equipment affected by the
                         ated by Kazakh state-owned group KazMunay-  incident, and on the procurement of the equip-
       According to experts,   Gas (KMG), will remain closed for a period  ment in the shortest possible time, in order to
       the outage period is   estimated at between three and six months, after  replace the affected ones,” the company said.
       estimated at between   an explosion on July 2 killed three people and   The explosion at the Petromidia refinery took
       three and six months.  destroyed an entire production unit.  place after the unit underwent a general overhaul
                           Petromidia is one of the biggest refineries in  between March 13 and April 30, 2020.
                         the region delivering fuels to Romania, Moldova,   After the overhaul, all the installations were
                         Bulgaria, and Georgia. The refinery is controlled  verified by state inspection body CNCIR and the
                         by the KMG with 48.1%, but with the Romanian  reopening was approved by another state body
                         state owning a 44.7% share.          ISCIR. Neither of the two accepts final respon-
                           According to experts consulted by Ziarul  sibility for determining whether the works were
                         Financiar daily, the outage period is estimated at  in line with the regulations.
                         between three and six months.          Furthermore, Ziarul Financiar revealed polit-
                           The company announced it is collaborating  ically-biased appointments at the top of both
                         with authorities to find the causes of the accident  institutions.
                         but did not provide a schedule for the restart of   In April 2020, Ionel-Emanuel Oproiu, a
                         the refinery.                        member of the ruling National Liberal Party
                           It promised, however, to meet all the contrac-  (PNL), was appointed to head ISCIR, less than
                         tual obligations toward its customers with deliv-  two months after joining the accounting depart-
                         eries from either its own reserves or from the  ment of the institution. Previously he has served
                         trading division of KMG International Group.  at Scornicesti city hall in southern Romania.
                           “The safe restart of the technological installa-  Since 2018, CNCIR’s general manager has been
                         tions on the Petromidia platform depends both  Ioana Timofte, the niece of the former head of
                         on the volume of repair works and verification  intelligence services (SRI) Radu Timofte.™



       Week 29   22•July•2021                   www. NEWSBASE .com                                             P15
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