Tussupbekov will replace Saodukas Meraliev in the post. The latter will retain his position of member in Rompetrol’s executive board.

“It is a natural change, which ends a major development stage for the Rompetrol group, i.e. increasing the processing capacity of Petromidia refinery to 5 million tons of raw material a year, consolidating and improving the group’s operations as well as integrating it in the KazMunayGas company,” said Liazzat Kiinov, president of KazMunayGas.

Rompetrol is Romania’s second largest oil group. Headquartered in Amsterdam, Rompetrol runs operations in 12 countries and has its main assets in Romania, France and Spain.