Rompetrol, Lukoil Romania Cut Pump Prices

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Rompetrol Group NV, owned by Kazakhstan’s KazMunaiGaz, cut Friday its pump prices by 0.03 lei (EUR1=RON3.5721) per liter, after the RON0.05 additional cut on Thursday.

Rompetrol will cut its Premium Euro 4 gasoline price to RON4.2 per liter. One liter of Efix 95 gasoline will cost RON4.16, while one liter of unleaded Euro Super 98 will cost RON4.79.   

The company will cut its Efix Euro 4 diesel price to RON4.53 per liter and the Super Euro 5 price to RON4.82 per liter.   

Rompetrol hiked its pump prices by RON0.03 per liter a week ago.

Price of a liter of gasoline poised to exceed 10 lei

Diesel excise duty reduction to remain in place until the end of September

Thus, one liter of COR 98 unleaded Super Euroluk gasoline will cost RON4.4, while one liter of Euroluk gasoline will cost RON4.04.

The price of one liter of diesel oil Euro Diesel will be RON4.43.

The price of COR 95 Premium gasoline and Super Euro Diesel is RON4.06 and RON4.69, respectively.

International oil price was down 13% last week, to around $129 per barrel.

Romania’s largest oil company Petrom SA (SNP.RO) hiked Tuesday gasoline and diesel oil pump prices by RON0.8, and RON0.06 respectively. 

Lukoil, Petrom and Rompetrol own the highest number of gas stations in Romania, covering together over 60% of the market.