Ivan said he approved the distribution of 80,000 tonnes of crude oil and 30,000 tonnes of diesel from the state reserves to prevent any operational issues at the Petrobrazi refinery, owned by OMV Petrom. The oil major faced a supply gap due to a “contaminated” stock of imported oil products.

“This ensures the continuity of operations at the Petrobrazi refinery and maintains a stable national market for petroleum products. These quantities represent less than 5.5% of the national emergency stock. The reserves, totaling over 2 million tonnes, will be replenished within 60 days,” said Ivan.

With an annual refining capacity of 4.5 million tonnes of crude oil, Petrobrazi is one of Romania's most important refineries.

At Petrobrazi, crude oil is processed and transformed into a wide range of quality petroleum products, including petrol, diesel, LPG, aviation fuels, and other petroleum products.