The contract is worth almost RON33.3 million and the guarantees established exceed RON8.7 million, with delay penalties reaching 0.04% per day.
The contract targets the “provision of transport services for domestic and imported crude oil, gasoline and condensate from the reception points to the delivery points established by the parties” in the above-mentioned interval.
COTE shares have lost 15% and SNP shares have gained 11.5% since the beginning of 2022, as per stock market data.
Conpet Ploiesti is 58.7% held by the Romanian State.