Sorin Graure, Rompetrol Refinery: Over Half of the Fuel Price Represents Taxes and Excise Duties; Almost 70% of the Company's Production Has Been Directed to the Romanian Market; Degrees: Tax Changes From One Month to Another Have Negative Effects in the Chain
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Sorin Graure, Rompetrol Refinery: Over half of the fuel price represents taxes and excise duties; Almost 70% of the company's production has been directed to the Romanian market; Degrees: Tax changes from one month to another have negative effects in the chain
Petromidia, Romania's largest refinery, has reoriented its main fuel deliveries to the internal market, in the context of the crisis affecting all of Europe. The management of the unit shows that the environment in which it is now operating the industry is unpredictable and risky and asks the authorities to consult the industry before taking a fiscal or other measure.
Increasing energy costs, volatility of international markets and lack of legislative predictability are the main challenges for the refining industry, while investments in energy efficiency, operational security and decarbonisation remain strategic priorities for Rompetrol Refinere, Sorin Graure, CEO of the company, at the Profit Energy Forum – "Romanian Energy in Europe: between independence and [...]
If we can't influence geopolitical stability, we should focus on local stability, and preventive risk analysis is needed, and not some reactive, after the adoption of legislative measures, Sorin Graure, Director General, Rompetrol Refinery at Profit Energy.Forum said.
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