The Petrom group registered record profit of RON3.946 billion lei in 2012 and sales of RON26.258 billion.
The group includes OMV Petrom and firms Tasbulat Oil Corporation LLP (Kazahstan), Kom Munai LLP (Kazahstan), Petrom Exploration & Production Ltd., OMV Petrom Marketing, Petrom Aviation, ICS Petrom Moldova (the Republic of Moldova), OMV Bulgaria OOD (Bulgaria), OMV Srbija DOO (Serbia), OMV Petrom Gas, Petrom Distributie Gaze, OMV Petrom Wind Power and Petromed Solutions.
OMV Petrom estimates it will produce 62.46 million boe in 2013, similar to last year’s production.
The company allotted over RON5 billion for investments this year, of which 79% will go to the exploration and production sector.
In 2012, overall investment rose 3% to RON4.93 billion, from RON4.8 billion at the end of 2011.
At the end of 2012, the group’s total proved oil and gas reserves amounted to 775 million boe, while the proved and probable oil and gas reserves amounted to 1.09 billion boe.
On the Bucharest market Friday, Petrom closed down 1.62% at RON0.4545 a share. (EUR1=RON4.4286)