Works started October 22 and were completed this week, the company said in a statement.
Also, Rompetrol added six new units to its operational capabilities, the statement noted. The new units are part of a larger expansion project which is slated to increase the refinery’s processing capacity to 5 million tons of raw material by 2012.
“The program will be finalized in the first quarter of 2012, and will help strengthen and develop Rompetrol’s operations in central and western Europe,” said Alexandru Nicolcioiu, vice-president of Rompetrol Group’s refining and petrochemicals division.
The project started in 2007 and overall costs are estimated at $367 million. When completed, the project will include three more installations, for mild hydrocracking, hydrogen production and sulfur recovery.
Rompetrol Rafinare is part of Dutch-headquartered The Rompetrol Group, which is fully owned by Kazahstan’s KazMunayGas.
On the Bucharest bourse Friday, Rompetrol Rafinare closed down 2.16% at RON0.0408 a share, amid a mixed market.