Petrom Spends 32 Mln EUR On Greenfield Fuel Terminal In Jilava

Petrom will build a fuel terminal in Bucharest - Jilava for 32 million EUR by 2009 and will spend 200 million EUR on upgrading other fuel terminals. "We have a clear modernization strategy for the fuel terminals, for which we will invest more than 200 million EUR . It is important that we focus both on the supply in increased safety conditions as well as on the implementation of high standards in the gas stations network," said Tamas Mayer, member of Petrom"s Executive Board, responsible for Marketing.

The new terminal will have a total capacity of 27,000 cubic meters and 5 multi-product loading lines for bottom and top- loading, as well as unloading facility for 20 railway trucks. The terminal will also be provided with a vapors recovery unit, fire protection system as well as a terminal control and tank farm management system.

"The construction of the Jilava terminal will cost us approximately 32 million EUR; we will provide this terminal with a series of safety systems so that it fulfills all OMV and Petrom standards as well as the requirements of the European Union", added Mayer. The Jilava terminal will be built on the location of an existing terminal of the company and will occupy approximately 74,000 sqm.

The construction is estimated to be finalized in April 2009. Until then the old terminal will stay in operation. The design and supervision of the new terminal are provided by ILF Consulting Engineers, and the construction by Alpine România. The tanks will be built by Confind.