The total investment required for the project amounted to around EUR 19m.

OMV Petrom published a document in which they state that the company has completed the modernization of the Arad fuels terminal, the largest in West Romania and the second largest in the country. The company states that the mentioned terminal is one of the most modern and safest fuels terminals in Europe, which uses the best available international technologies in the field and has a storage capacity of over 32,000 cubic meters (equivalent to over 550,000 car refuels).

Note that the total investment required for the mentioned project amounted to around EUR 19m.

The program to optimize OMV Petrom’s fuel storage infrastructure was launched in 2007 and required investment of around EUR 145m. Within the program, three new terminals were built at Jilava, Brazi and Isalnita and three other terminals were modernized – in Bacau, Cluj and Arad. They have a total storage capacity of 119,000 cubic meters and they cover the entire territory of Romania.