fbpx Modifica setari cookieuri


Finance Ministry announces payment incentives for budget obligations outstanding after the state of emergency announcement

The Ministry of Public Finance (MFP) proposes to regulate a simplified alternative procedure for granting a payment rescheduling of up to 12 months, for the… Mai mult

IMF improved its forecast for Romania: 4.8% decrease in 2020 and 4.6 % increase next year

Romania’s economy will contract by 4.8% of GDP this year, according to the revised forecast of the International Monetary Fund (IMF), a slightly more optimistic… Mai mult

Romania’s recovery – in WB Report: 2021 indicators compared to starting moment of Covid crisis

The data included in the autumn report of the World Bank “COVID-19 and Human Capital” which brings the forecast for Europe and Central Asia countries… Mai mult

A new US-Romania agreement in military field – a 10-year plan to strengthen defence in Black Sea area

Defence Secretary Dr. Mark T. Esper met on Thursday at the Pentagon with Romanian National Defence Minister Nicolae-Ionel Ciuca and the two signed a “defence… Mai mult

Romania’s direct investments abroad – EUR 324 million in 2019: Cyprus, the most important destination

The balance of Romania’s direct investments abroad amounted to EUR 324 million in 2019, according to data published on Wednesday by the National Bank of… Mai mult

Infrastructure development mega-plan – mega-business for neighbours: Romania must import 1.8 million tons of bitumen

de Razvan Diaconu , 21.9.2020

Romania’s big re-launch plan for the next decade places transport infrastructure at the centre of investments, with an allocation of 60% of the total amount. In addition to the money from the European re-launch mechanism, there are also European funds for infrastructure and money from the national budget.

The larger the development plan, the higher the imports: from the current need for asphalt bitumen, Romania produces only 20%: the entire quantity needed for the next decade highway mega plan will be important from neighbours.

3,000 km of highway = 1.8 million tons of bitumen

Government plans tell about building 3,000 km of highway in the next 10 years – according to Romania’s official re-launch plan for the next decade (a LINK-HERE).

3,000 km highway must be paved and that alone requires 1,800,000 tons of bitumen.

Romania currently produces less than 10% of this quantity annually. The rest of the quantity, in order to have highways, must be imported.

Bitumen needed, calculated by industry

Romanian Association of Road Builders (ARCA) has made available to cursdeguvernare.ro the evaluation of bitumen consumption for 1 kilometre of highway built based on the technical norms for designing, building and modernising roads.

The calculations made by ARCA show consumption of 10,200 tons of asphalt mixtures per kilometre of highway (asphalt carpets set out in road systems for highways are composed of 3 layers – base, connection and wear), and for the bitumen contained in these mixtures a consumption of about 500 – 600 tons of bitumen for 1 km of highway.

This means that for the new 3,000 km of highway we will need 1.8 million tons of bitumen.

Current needs are added to this (the quantity needed for the annual restoration of asphalt carpets in localities or the existing national road network) which, according to specialists, amount to 500,000 tons per year.

One producer – which covers only 20% of the current demand, without the investments from the Recovery Plan

Natural bitumen, impregnated with sand, is mined in Romania in Bihor and Prahova.

Bitumen is also obtained artificially, by oxidizing the waste left after the distillation of oil from the fuel resulting from the primary distillation of high-quality crude oil.

The only company that still does this in Romania is Rompetrol Rafinare (part of KMG International, former Rompetrol Group), at Vega Refinery in Ploiesti. The other companies that were still producing bitumen – Arpechim and Suplacu de Barcau – were closed.

The internal annual production of bitumen, according to the experts in the field interviewed by cursdeguvernare.ro, is 120,000 tons, out of the annual quantity needed for current works of 500,000 tons.

Romanian strategic plan – good news for Hungary, Poland, Serbia and Bulgaria

In summary:

  • Romania’s annual bitumen production is 120,000 tons
  • the consumption needed in the road infrastructure is currently 500,000 tons per year.
  • the start of the major infrastructure program will require another surplus of about 200,000 tons per year.

Theoretically, after the launch of the construction program for the 3,000 km of highways, the bitumen need will increase by 200,000 tons per year.

This means a total of 700,000 tons, of which the domestic production can cover 120,000 tons.

The difference – 580,000 tons per year – will be covered by imports. Who are the bitumen importers:

  • Polish group PKN Orlen (which is not an oil producer) today covers at least 25% of the Romanian demand, according to market information.
  • Hungarian MOL group, also not an oil producer, ensures about 20% of imports.
  • Bitumen imports also come to Romania through the Russian chain: from Serbia, from Gazprom branch, and from Bulgaria, from Lukoil branch.
  • OMV Petrom (SNP) has given up bitumen production and sold most of its assets from Arpechim Pitesti, and now resells bitumen purchased from OMV subsidiaries abroad, especially in Hungary.
Mergeți în homepage ›

Publicat la data de 21.9.2020

Lăsați un comentariu


New Renault boss: “Dacia is a miracle. It's time for the brand to flourish"

Luca de Meo (foto), the new general manager (CEO) of Renault group, considers that Dacia project proved to be a miracle and that no one… Mai mult

Pentagon transforms Campia Turzii unit into a NATO air hub at the Black Sea

A former Soviet airbase in central Romania could become a hub for US Air Force operations in south-eastern Europe, where the Pentagon is seeking to… Mai mult

Nuclearelectrica shareholders approved to terminate negotiations with Chinese for building reactors 3 and 4 from Cernavoda

Nuclearelectrica's Board of Directors has been mandated to initiate proceedings to terminate negotiations with China General Nuclear Power Group (CGN), as well as legal effects… Mai mult

Renault holds expansion of its plant in Romania, 15,000 jobs cancelled at global level

"Putting capacity growth projects planned in Morocco and Romania on hold" - is one of the measures included in the draft plan of Renault Group… Mai mult

Romania is a net importer of electricity in 2020 as well

Romania imported an amount of electricity of almost 796 GWh in the first month of this year, by more than 36% above what it exported… Mai mult

Shareholders of Galati steel plant promise investments of one billion euros

GFG Alliance has committed to invest one billion euros to upgrade Galati steel plant in order to reduce emissions and increase production. Another EUR 1… Mai mult

Transport Ministry announces it has sent to Brussels the financing request for Sibiu - Pitesti highway

The Transport Ministry, as the Intermediate Body in Transport, approved the financing request for the project "Construction of Sibiu - Pitesti highway", Sections 1, 4… Mai mult

Romania and Juncker Plan: EUR 720 million attracted, of which 35% by Transgaz for BRUA

(The map of investment financed through Juncker Plan, by GDP share. Darker colours mean higher shares) The operator of national natural gas pipelines, Transgaz (TGN)… Mai mult

Top 3 reasons why young people leave Romania

Lack of trust in authorities, corruption and low living standards are the main reasons why young people leave Romania. The data is part of a… Mai mult

IMM Invest Romania – program implementing rules have been published

The Ministry of Public Finance announces that it has issued the methodological norms for the implementation of the Program for supporting small and medium-sized enterprises… Mai mult

Pollution import and car park expansion: comparisons with the other EU states

Romania is the EU country with the fewest cars in terms of the number of inhabitants, according to data recently published by Eurostat. We appear… Mai mult

Government is trying to save budget deficit: reductions in public administration system, cancellation of bonus for harmful conditions, excise duty on soft drinks

The Government is preparing the public for the first measures aimed at avoiding the budget slippage, which would be applied by the PSD-ALDE government. News… Mai mult

Laura Codruta Kovesi remains alone in the race for European Chief Prosecutor

French Prosecutor Jean-Francois Bohnert will be appointed as head of the European Financial Prosecutor's Office, a position for which he was heard on Thursday, 11… Mai mult

Romania - EU country with highest risk of dying in a road accident, Bulgaria is quickly decreasing number of victims since it built motorways

Romania recorded the highest road deaths in the EU also last year, with 96 deaths per one million inhabitants in 2018, almost double the EU… Mai mult

Latest developments in progress at Health Ministry: Differentiated wages based on performance, competitions organised at a regional level not by hospitals

Sorina Pintea announced on Thursday further new changes that will be brought to the functioning of the health care system, including new rules for employment… Mai mult

ANAF changes selection procedure for liquidators. Main changes

The new order on approval and selection procedures for insolvency practitioners is an important step to a very good direction, industry experts say. ANAF is… Mai mult