KMG's Rompetrol to be back in black in 2012
03.03.2011
By Maria Gordeyeva
Rompetrol, a Romanian oil products arm of Kazakh state oil firm KazMunaiGas (KMG), will return to profitability in 2012 on completion of an ambitious modernisation programme, it said on Wednesday.
Rompetrol, Romania's No.2 oil refiner, made a net loss of $179.33 million last year, the company's chief financial officer,...