Tag: KMGI

KMGI plans to double production capacity of Petromidia refinery – Romania, 09 September 2019

KazMunayGas International (KMGI) is planning to double the production capacity at the Petromidia oil refinery. This is one of the biggest projects under discussion within the Kazakh-Romanian investment fund, and a decision in this regard could be made in the next three to four months, after a feasib Full article available for subscribers of Energy […]

Kazakh-Romanian investment fund to finance cogeneration plant construction – Romania, 07 March 2019

The Management Board of the Kazakh-Romanian Energy Investment Fund, set up by KazMunayGas International (KMGI) as part of a debt settlement with the Romanian state, held its first meeting, when it agreed on the first two investment projects. A special purpose vehicle (SPV) will be established to Full article available for subscribers of Energy NEWS […]

General overhaul of TPP Gacko to start in late March – Romania, 06 February 2019

KMG International (KMGI), the former Rompetrol group, announced that it has recorded a net profit in the amount of 86 million dollars in 2018, while its earnings before interest, taxes, depreciation and amortization (EBITDA) reached 249.7 million dollars. At the same time, the main indicator of K Full article available for subscribers of Energy NEWS […]