Rompetrol Financing
Romania | Energy- Identification Code:
- OP/01/0301
- Total Operation Cost:
- — USD
- Maturity:
- 60 months
- Operation Status:
-
BSTDB Approved Amount – Approval Date18.000.000 USD – 01 Mar 2002
-
BSTDB Signed Amount – Signed Date18.000.000 USD – 03 Jun 2002
-
Status:Completed
- Description and Purpose of the Operation:
- The Rompetrol Group, NV (TRG) is a Netherlands-based, integrated oil and gas company with the bulk of its operations and assets located in Romania. TRG is the largest private operator in the refining and marketing segment in Romania, second only to state-owned SNP Petrom. Among other interests, TRG owns the Petromidia (Navodari) and Vega (Ploiesti) refineries with a combined nameplate processing capacity of 110,000 bbld; a countrywide wholesale business including four tank farms, a retail station business of 127 filling stations (out of which 28 owned, 5 rented and 94 colour contracts), and its own maintenance, logistics, and ecological services companies. Rompetrol's flagship company is Petromidia SA, which owns and operates the Petromidia refinery. Petromidia is Romania’s only refinery located on the Black Sea coast, with access to the Danube. It has a crude oil distillation capacity of up to 4.8 mio t per year.
- Countries of Operation:
- Romania (100,00%)
- Financial Product:
- Loans
- Sector:
- Energy
- Domain:
- Private
- Borrower/Client:
- Rompetrol Group N.V
- Co-Financers/Participants:
- —
- Guarantors/Sponsors:
- —
- Developmental and Regional Cooperation Impact:
- The Project would provide the critical support for the improvement of the efficiency of the Romanian petrochemical sector in general, and TRG's activities in particular. The Project contributes to implementation of the Bank's mandate to finance projects with strong development impact and contributing to the co-operation among BSEC Member Countries. It has also an opportunity to create new employment and generate taxes.
- Environmental Classification and Impact:
- The Project is in compliance with the Bank's Environmental Policy.
- Operation Leader:
- Energy & Infrastructure
- E-mail:
- ei@bstdb.org
As of 28 Feb 2026
