The contract was concluded for the January 1 – March 31, 2024 period and targets to provide domestic and imported crude oil, rich gas and condensate transport services, from the receiving sites to the delivery sites.

Guarantees are worth RON9.1 million and are valid until January 31, 2024.

Conpet is 58.7%-owned by the Romanian State and has a market capitalization of RON744 million.

COTE shares traded 5.7% higher in the last month and 18.6% higher in the last 12 months, amid deals worth RON8.5 million and RON40 million, respectively.