EUR 1.5mln Investment at Petrobrazi to Increase the Efficiency of the Lighting System

OMV Petrom, the largest energy company in South-Eastern Europe, has invested EUR 1.5 million at the Petrobrazi refinery to streamline the lighting system of the ten industrial ramps, where crude oil and feedstock is unloaded, and oil products are loaded.

The old lighting system at the refinery’s supply ramps was decommissioned and conventional lighting fixtures were replaced with about 1,000 new LED fixtures. The new LED-based lighting system will halve the annual amount of electricity used by the Petrobrazi refinery at the industrial ramps, resulting in an annual reduction of about 100-ton of carbon emissions. The reduction in emissions is equivalent to the volume of carbon dioxide sequestrated annually by about 18,000 trees.

“We have an essential role in providing the energy that Romania needs and we want to contribute through various solutions to reduce the carbon emissions in all our business segments. We continue our environmentally friendly initiatives on the entire value chain, which include both the implementation of new technologies and an efficient energy management during operations,” said Radu Caprau, member of OMV Petrom Executive Board, responsible for Downstream Oil.

 

About Petrobrazi refinery

Petrobrazi has a total crude oil processing capacity of 4.5 mn tons per year and, starting 2005, OMV Petrom has invested approximately EUR 1.8 bn in the refinery. One third of this investment contributed to the reduction of the environmental impact.

Through sustained investments, OMV Petrom has reduced the carbon intensity of its operations by an estimated 25% in 2020 vs. 2010.

OMV Petrom is one of the first companies in Romania to sign the UN Global Compact, since 2013. Through this project the company contributes to achieving the Sustainable Development Objective 13 – Climate Actions. Furthermore, OMV Petrom is the first company in Romania to have announced its support for the recommendations issued by the Task Force on Climate-related Financial Disclosures.