Last week, SOCAR opened another five gas stations in Bucharest, Adjud, Bacau, Buzau and Focsani.

The company said it plans to reach a network of 35 gas stations in Romania in 2014 and 300 units in a few years.

SOCAR started operating on the Romanian fuel distribution market in 2011, following the purchase of a 90% stake in Romtranspetrol from the Berescu family. Romtranspetrol was later renamed SOCAR Petroleum.