Acasă » Oil&Gas » Transportation » Oil Terminal signs a 30 million-dollar contract with Oscar Downstream

Oil Terminal signs a 30 million-dollar contract with Oscar Downstream

3 May 2019
Oil&Gas
Bogdan Tudorache

Oil terminal has signed a new Downstream Oscar transport contract. The contract, worth 30.5 million ROL excluding VAT, provides for the “discharge of diesel from ships in shipping, storage, blending with biodiesel and charging in tankers”, according to a document presented to the Stock Exchange.

Oil Terminal is one of the oldest Romanian companies in the oil industry, being established in 1898.

The majority shareholder of the company is the Romanian state, with about 60% of the shares.

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.

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