Romania: OMV Petrom will invest in Petrobrazi refinery upgrades, SEE Energy News
OMV Petrom will invest some 70 million euros in its Petrobrazi refinery to replace certain facilities that are essential during the refining process. These are the four coke drums that function at very high temperatures and help upgrade heavy components to superior products.
Member of the OMV Petrom Executive Board, responsible for Downstream Oil, Radu Caprau said that the company is constantly investing in modernizing the Petrobrazi refinery. The replacement of the coke drums is a project with a very high degree of technical and organizational complexity and the new units will have an important contribution to increasing the efficiency and safety of the refinery’s operations.
The four coke drums are designed for a lifespan of over 20 years and 5,000 operating cycles and will be produced in Romania. The process of replacing the coke drums will take place between 2021 and 2023.
The Petrobrazi refinery has a total crude oil processing capacity of 4.5 million tons per year. Starting in 2005, OMV Petrom has invested some 1.8 billion euros in modernizing the refinery, one third of this investment contributing to reducing its environmental impact.