Romanian Rompetrol To Cut Fuel Prices By Up To RON0.05/Liter

Thus, Efix 95 and Alto 101 gasoline will cost RON3.94 and RON4.55 per liter, respectively, Rompetrol said Tuesday in a press release.

One liter of Efix and Alto 55 diesel oils will cost RON3.75 and RON4.04 per liter, respectively.

The prices of fuel sold in the Rompetrol Downstream gas stations may vary by +/- 5%, compared with the reference prices.

Rompetrol is fully owned by KazMunayGaz, after the latter took over from Romanian businessman Dinu Patriciu the remaining 25% stake in the group in June this year. In August 2007, Patriciu sold a 75% stake in Rompetrol to KazMunayGaz for $1.6 billion.

Romania's largest oil company Petrom (SNP.RO) has Monday cut its gasoline and diesel oil pump prices by RON0.03 lei per liter.

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