The Brazi gas-fired plant was shut down Monday at the request of the Romanian gas transmission operator Transgaz Medias (TGN.RO), Petrom told Mediafax by email.
“We expect the plant will be back up on March 28,” Petrom said.
The Brazi power plant started production last summer, following an investment worth EUR530 million.
In 2012, the total net electrical output of Brazi power plant was 1.58 terawatt-hours (including the commissioning phase). Since its start of commercial operations in August 2012, Brazi covered approximately 6% of Romania’s electricity production over the same period, according to company data.
Petrom is majority owned by Austria’s OMV (OMV.VI), with a 51% stake. Romania’s Economy Ministry and investment fund Fondul Proprietatea hold 20.63% and 20.11% in Petrom, respectively, while the remaining shares are traded on the Bucharest bourse.
At around 1:00 pm Wednesday, Petrom traded down 1.93% at RON0.458 a share, amid a declining market.