“Presently, a cleaning operation is performed on some of the power plant’s ancillary equipments, the gas supply pipeline and the gas metering station,” the company said in memo posted on the Bucharest Stock Exchange.
People close to the matter told MEDIAFAX Tuesday that the thermal power plant built by Petrom in central Romania will most likely be launched in May, with a six-month delay.
In its memo today, Petrom did not mention when the plant would be launched.
The power plant’s construction started in 2009, in an investment of EUR500 million. The unit has an installed power of 860 MW and it should cover 8% of Romania’s overall electricity production.
OMV Petrom is 51.01% owned by Austrian oil and gas group OMV. Other shareholders include the Economy Ministry with 20.64%, Fondul Proprietatea (FP.RO) with 20.11%, the European Bank for Recostruction and Development with 2.03%. The remaining shares are free float.
Petrom closed up 2% Tuesday, at RON0.298 a share.