Country Report
Romania downstream oil country report
Report summary
Romania is one of the few markets in Europe that has a positive outlook for oil product demand. We forecast demand to expand steadily, reaching 10.4 Mt by 2030. This underpinned by economic growth and transport fuels will be further supported by rising car ownership which is currently the lowest in Europe. The local retail market remains dominated by four players: OMV Petrom, Rompetrol, LUKOIL and MOL. However, there is a downside risk that these retailers could see some of their position be eroded by some of the newer players that have entered the market in the past decade, namely SOCAR and NIS. There has been considerable investment the modernisation of the retail network and the larger operators have been expanding their non-fuel offering. Market leader OMV Petrom opened a new polyfuel unit in 2019 at its Petrobrazi refinery. This will convert LPG feedstock into diesel and gasoline, further enhancing the company's dominant position on light, high-value fuels.
Table of contents
- Market drivers
- Outlook
-
Regulatory issues
- Excise duty and tax
- Biofuels
- Compulsory stocks
- Product quality
- Overall position - balanced
-
Fuels retailing
- Volumes
- OMV Petrom
-
International oil companies
- MOL
- LUKOIL
- Rompetrol
- Others
- Independents
- Network efficiency
- Performance pacesetters in the retail market
- Non-fuel retailing
-
Commercial fuels
- Motor fuels (gasoline and diesel)
- Industrial/domestic gas oil
- Aviation kerosene
- Heavy fuel oil
- LPG
- Lubricants
- Bitumen
- Key issues influencing gross fuel margins
- Retail price formation
-
Marketing gross fuel margin
- Independent petroleum product storage
-
Crude oil delivery
- Pipeline capacity and ownership
Tables and charts
This report includes 25 images and tables including:
- Key demand indicators
- Total demand
- Demand by product
- Demand by sector
- Demand forecast (kt)
- Trade balance 2010 - 2017
- Gasoline - net exporter
- Jet - net importer
- Diesel/gasoil - net importer
- Fuel oil -balanced
- Retail gasoline 95 RON price formation 2017
- Retail diesel price formation 2017
- Annual gross fuel marketing margins
- Retail fuel volumes
- Retail outlets by brand
- Market shares
- Number of sites and average throughputs
- Network effectiveness ratio: ratio of share of fuel sales to share of sites
- Commercial diesel volumes
- Pipeline capacity
- Crude input slate - 2017
- Petromidia refinery profile
- Petrobazi refinery profile
- Petrotel refinery profile
- Ploesti Vega refinery profile
What's included
This report contains:
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