The first contract was concluded with Lukoil Romania SRL Bucuresti and is worth RON50 million, rising from RON100,000.
“The object of the agreement consists in unloading crude oil from sea vessels and delivery to Conpet for pumping to the refinery, unloading/loading gasoline, diesel and chemical and petrochemical products from/into sea vessels, river barges, CF tank wagons, tankers, storage of crude oil and petroleum products,” according to Oil Terminal representatives.
The second contract, in the amount of RON200,000, concluded with Petrotel Lukoil SA Ploiesti, has the same objective and will also run for a nine-month period.
OIL shares have gained 11.1% in the last year, amid deals worth RON14.1 million, triggering a market value of RON359.7 million. In 2023, the company had a net profit of RON14.2 million, up 23.2% on the year, and a turnover of RON349.7 million, up 15.6% on the year.
Oil Terminal is 88%-owned by the Romanian State.