Socar Petroleum SA, a company controlled by the SOCAR Group of Azerbaijan, has joined the list of investors interested in entering into a partnership with the state-owned company Oil Terminal to build a bitumen terminal in Constanta. Thus, according to the press release of “Oil Terminal”, the list of those who passed the selection procedure for this terminal has increased to seven companies.

Who wants to build a bitumen terminal

Participants of the procedure, who are expected to submit proposals:

1. Takida Terminal SRL;

2. Euronova Energies SA;

3. Frial S.A.;

4. OMV Petrom SA;

5. Trafigura Pte Ltd;

6. Vitaro Energy SRL;

7. Socar Petroleum SA.

Bitumen terminal, strategic investment

Oil Terminal recently started the selection process for the development of a bitumen terminal in the Port of Constanta. “This is a strategic investment for Romania, as well as for future efforts to restore Ukraine,” said Energy Minister Sebastian Burduia.

In the next period, meetings will be organized with each of them to determine the most acceptable solutions for establishing a partnership for the construction of a bitumen terminal, and the firm proposals received will be submitted for analysis to the General Meeting of Shareholders.