“Approximately $1 billion has been directed to Petromidia with roughly $450 million earmarked for revamping and increasing its annual capacity from 3.5 million to over 5 million tonnes of raw material,” said Tussupbekov.
The Petromidia refinery has the highest white product in the region and ranks ninth among 250 refineries in Europe and Africa, according to a study American company Solomon in 2018. The refinery’s management hopes to increase its capacity for this year to approximately 6.1 million tonnes oil.
https://www.neweurope.eu/article/romanias-petromidia-refinery-gets-1-billion-investment-from-kazmunaygas/