OMV Petrom continues the modernization works at the Petrobrazi refinery. The company has invested around 46 million euros starting 2017, to upgrade the Coker unit.

A closed blowdown system was implemented at this unit, in order to eliminate any potential emissions of volatile organic compounds, thus supporting the reduction of the environmental impact.

”Petrobrazi is one of the most important refineries in Romania, which can cover the annual fuel consumption for approximately 3 million cars. We invested about 1.6 billion euros in the period 2005-2018 in Petrobrazi modernization, to implement the best available technologies at international level, which led to more environmentally friendly activities", said Radu Căprău, member of the OMV Petrom Executive Board responsible for Downstream Oil.

The Coker unit is an important point in the refining process. This is where heavy oil components from the other units are redirected and where the final oil transformation processes take place. The coke obtained here is mainly used in the metallurgical industry.

OMV Petrom has implemented in the Petrobrazi refinery the best available technologies for the recovery of hydrocarbon vapors in the Coker unit. Thus, the 20-year-old system was replaced with a modern, closed blowdown system that ensures complete elimination of volatile organic compounds emissions.

The project involved complex civil works, installment of about 400 tons of pipelines and implementation of automated control and monitoring systems. The project counted more than 450,000 hours worked without incidents.

About Petrobrazi Refinery

With a refining capacity of 4.5 million tons per year, Petrobrazi ranks among the most important units of its kind in the country.
Between 2005 and 2018, approximately EUR 1.6 billion were put into in modernization projects, new facilities construction and environmental projects at the Petrobrazi refinery. The Petrobrazi refinery currently operates at the highest performance and environmental standards.

About OMV Petrom

OMV Petrom is the largest integrated oil and gas group in South-Eastern Europe, with an annual oil and gas production of approximately 65 mn boe in 2015. The Group has a refining capacity of 4.5 mn tons / year and operates an 860 MW high efficiency power plant and a 45 MW wind park. OMV Petrom is present on the oil products retail markets in Romania and neighboring countries through approximately 800 filling stations as of end of 2015.

OMV, one of Austria's largest listed industrial companies, holds a 51.01% share in OMV Petrom. The Romanian state, via the Ministry of Energy, Small and Medium Enterprises and Business Environment, holds 20.64% of OMV Petrom shares, Fondul Proprietatea (Restitution Funds) holds 18.99% and 9.36% is free float on the Bucharest Stock Exchange.