In January, Petrom announced some technical difficulties at the Brazi thermal power plant. At that time there was no date specified for the start of activity at the unit.
People close to the matter had previously told MEDIAFAX that production would start in May, with an approximate one-year delay.
Construction on the thermal power plant started in 2009 and it was completed in 2011, following an investment of EUR500 million.
The unit has an installed power of 860 MW, comparable to one of the reactors at nuclear power plant Cernavoda. The unit is expected to cover some 8% of Romania’s electricity consumption.
OMV Petrom is 51.01% owned by Austrian oil and gas group OMV. Other shareholders include the Economy Ministry with 20.64%, investment fund Fondul Proprietatea (FP.RO) with 20.11% and the European Bank for Reconstruction and Development with 2.03%.