Oil & Gas Midstream Industry | Energy Sector | Engineer Dorin Tudora CEO | REGS Exchange | ROCOTEACNOR7 ISIN |
RO Country | 1,418 Employees | 28 May 2025 Last Dividend | - Last Split | - IPO Date |
Conpet S.A. stands as a key player in the oil transportation industry within Romania, with a history dating back to its founding in 1901. Initially known as Intreprinderea de Transport Titei prin Conducte, the company underwent a name change to Conpet S.A. in January 1991, marking a new era of operational excellence and strategic rebranding. Headquartered in Ploiesti, Romania, Conpet S.A. specializes in the transportation of crude oil, rich gas, ethane, condensate, and petroleum. This is achieved through an extensive infrastructure that includes a comprehensive pipeline system, state-of-the-art pumping stations, efficient loading-unloading ramps, railway tanks, and strategically located tank farms. Over the years, Conpet S.A. has established itself as an indispensable part of Romania’s energy sector, contributing significantly to the national economy and ensuring the reliable transport of vital energy resources.
Conpet S.A. specializes in the transportation of crude oil, utilizing an expansive pipeline network that ensures efficient and secure delivery from extraction sites to processing facilities. This service is vital for maintaining the steady flow of crude oil essential for the country's energy and manufacturing sectors.
The company also offers transportation services for rich gas, a critical resource used in various industries for energy production and as a raw material in chemical production. Conpet S.A.'s pipelines guarantee safe and reliable delivery of rich gas, supporting the nation's energy infrastructure.
Transportation of ethane is another key service provided by Conpet S.A., catering to the specific needs of the petrochemical industry for which ethane is a crucial feedstock. The company's dedicated pipelines ensure the continuous supply of ethane, facilitating uninterrupted production processes in the petrochemical sector.
Conpet S.A. transports condensate, a valuable byproduct of gas extraction used in or as a precursor to manufacturing a range of chemical products. The transportation of condensate through Conpet’s pipelines and facilities supports the logistics of petrochemical operations, enhancing the efficiency of supply chains.
In addition to pipeline transportation, Conpet S.A. provides an essential service in the form of petroleum transportation via railway. This mode of transport plays a critical role in areas not serviced by pipelines, ensuring that petroleum products reach their destinations safely and promptly.