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Romania's Rompetrol Downstream invests $1.4 mln in new gas station

Romania's Rompetrol Downstream invests $1.4 mln in new gas station Romania

BUCHAREST (Romania), April 23 (SeeNews) - Rompetrol Downstream, the retail division of the KMG International Group in Romania, said on Tuesday it has opened its first gas station in the city of Adjud following a $1.4 million (1.24 million euro) investment.

This is Rompetrol's fifth station in Vrancea county, Rompetrol said in a press release.

It is equipped with an EV charging point with a capacity of 50KW where two cars can charge simultaneously.

Rompetrol Downstream operates 13 electric charging points at its gas stations. Its fuel distribution network consists of 918 fueling stations, six fuel depots, as well as three liquefied petroleum cylinders filling stations.

In March, KMGI said  that the board of an energy investment fund set up by KazMunayGas International and Romania's government has decided in principle to build a co-generation power plant on the Petromidia platform and develop a chain of filling stations.

Around $230 million will be attracted or earmarked for those projects through special purpose vehicles, KMGI said at the time.

($=0.8883 euro)