KMG International to open 15 gas stations in Romania “in the near future”

KMG International, controlled by Kazakhstan’s KazMunayGas, will open 15 gas stations in Romania “in the near future,” according to company representative, cited by local Mediafax. KMG International budgeted investments of USD 100 million this year in Romania. Of the total, USD 40 million will be allocated to the Petromidia refinery, and the rest to the gas stations network. The company runs over 400 gas stations across Romania under the Rompetrol brand. Romania’s Rompetrol Group rebrands as KazMunayGas International but local brand stays for filling stations for the time being Irina Popescu, irina.popescu@romania-insider.com