National Company KazMunaiGas (Kazakhstan) increases Rompetrol fuel stations in Moldova

/KASE, May 25, 12/ - National Company KazMunaiGas (Astana), bonds of which are officially listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following press release of May 24, 2012: quotation Rompetrol Moldova, member of The Rompetrol Group, has recently opened two new filling stations, the company currently operating 47 stations nationwide. "The two stations are part of the development of the franchise retail network. This strategy supports the completion in the mid-year, of the project which aims to increase the processing capacity of Petromidia Refinery from 3,8 million tons/year to 5 million tons /year. To manage effectively the surplus production it is necessary to develop the retail sales in the Black Sea area, namely Romania, Bulgaria, Moldova, Georgia, Ukraine and Turkey. "says Titov Buzescu, Vice President Retail, The Rompetrol Group. As a result of the network stations' expansion, the total amount of fuel sold increased by 44% in 2011, up to approximately 31,000 tons comparing with the previous year. Rompetrol Group currently operates over 1,000 supply points in Romania, Moldova, Bulgaria, Georgia, France, Spain and Ukraine. ends [2012-05-25]