OREANDA-NEWS. November 13, 2009. Rominserv Kazakhstan, the subsidiary of Rominserv SRL Company– the general contractor of Rompetrol Group, will reconstruct the Atmospheric and Vacuum Distillation Plant (AVD) of Atyrau Refinery in Kazakhstan, the value of the contract exceeding USD 27 million.

„Based upon the experience and the expertise gained by Rominserv SRL in modernizing the refineries of Rompetrol Group – Petromidia Nгvodari and Vega Ploieєti, Rominserv Kazakhstan subsidiary was appointed the winning company of a bid into which 17 domestic and foreign companies participated. We estimate that the total value of contracts adjudicated by Rominserv in Kazakhstan amounts to approximately USD 60 million up to the end of November”, Tudorel Dumitraєcu, the manager of the Division of International Activities of Rominserv, states.

The modernizing works of the plant started at the end of October, and their completion deadline is estimated at the end of next year.

The project is part of the modernizing program of Atyrau Refinery, an important asset of KazMunaiGas, aiming both to increase the annual processing capacity from 3.5 million to 5 million tones of crude oil, and to improve the quality of manufactured fuels, in compliance with the international quality standards.

The Atmospheric and Vacuum Distillation Plant (AVD) assures the manufacture of light products (gasoline, diesel fuel or gas) through the atmospheric and vacuum distillation of crude oil.

Rominserv estimates to reach a turnover of more than USD 146 million for this year.