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 Russia’s
withdrawal of gas supplies in Eastern Europe has forced the Romanian
Government to look at oil supplies as quick alternative solution.
Petrom is the biggest Romanian oil and gas company that operates
roughly 550 fuel service stations across Romania. Petrom also operates
an international network of 257 service stations located in the
Republic of Moldova, Bulgaria and Serbia. Petrom is ready to
supply some 70,000-75,000 tonnes of heating oil to the heating plants
(CET) by the end of January, with the contracts to be signed this week,
the oil company has said.
'Declaring an emergency mode has set the best conditions for the
purchase of alternate fuels, that otherwise would have been sold by
tender; the time needed to sign the contracts is thus reduced. We are
in talks with several companies on the delivery of heating oil, and
such talks are being conducted in a transparent and responsible manner.
Concretely, we seek either to expand the contracts we already have with
some of those companies, by increasing the quantities we are to supply,
or forge new contracts. The contract conditions are in line with the
international practice, namely the pricing formula is based on the
international quotations for the heating oil and they meet the
commercial principles, the same as the previous contracts do. The
heating oil price dropped significantly in the second half of last
year, but it has been on an upward trend since the beginning of this
year', Petrom executive managing director Mariana Gheorghe said.
Petrom, which is the biggest oil and gas producer in Southeastern
Europe, is in talks over the supply of heating oil to the heating
plants, namely it is in talks with Electrocentrale Bucharest,
Electrocentrale Constanta, CET Galati, Termoelectrica, Termoficare
Pitesti, The Nuclear Activities Utility and Dalkia Ploiesti.
PetrolWorld 090109
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