Conpet will transport Lukoil’s oil next year in a contract of about 62 million lei, according to a notification submitted to the Bucharest Stock Exchange.
According to the announcement, the oil will be transported from the refinery Petrotel via the Oil Terminal platforms. The contract was concluded on December 23 and is valid until the end of 2017.
The contract provides for a guarantee of payment for the services of around 5.4 million lei, starting with January 2017 and payment penalties of 0.04% per day.
Autor: Bogdan Tudorache
Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.
