Rompetrol Group NV's new Black Sea crude oil terminal at Constantza has started work.
The multinational oil company Rompetrol Group NV's new Black Sea crude oil terminal at Constantza has started work.
Midia Marine Terminal unloaded its first cargoes last Wednesday, the Netherlands head-quartered company said in a press release.
An unspecified tanker discharged 60,000 metric tonnes of crude for refining via the new terminal which has the capability to move 24 million tonnes of crude per year.
Located 8.8 kilometres off the Black Sea coast, the $100 million terminal can berth oil tankers of up to the suezmax class.
?The transfer of oil to the refinery's reservoirs went on smoothly,? a terminal spokesman said.
The terminal has been described as the ?first step? in the ?Group's plan to become a key player in oil supply to the Central and Western Europe refineries.?
The Group's main refinery, Rompetrol Rafinare, has allocated more than $40 million to upgrade its oil storage facilities to keep in line with international standards.
Rompetrol Group has also announced long-term plans to expand storage facilities from the current 500,000 tonnes to 1.5 million tonnes of crude.
Construction work in the terminal was completed at the end of 2008.