The proposition to replace Vulpescu will be discussed at the company’s shareholders’ meeting on June 18, the company said in a statement to the Bucharest Stock Exchange Tuesday.
Dumitrascu will be mandated as board member until April 30, 2014. He was appointed head of OPSPI at the end of last year.
Vulpescu was appointed member of the board of Rompetrol Rafinare, where the Romanian state owns a significant stake, in October 2012.
Rompetrol Rafinare (RRC.RO), the refining arm of Romania’s second largest oil group Rompetrol, posted a loss of $25.2 million in the first quarter, from $62.7 million in the year-earlier period.
Rompetro Group is owned by Kazakhstan’s state-run oil company KazMunayGas.