OMV Petrom enters LNG sales market

OMV Petrom, the largest energy company in South-Eastern Europe, has obtained a license to commercialize liquefied natural gas, thus diversifying its activities on the gas market and related products, according to a company’s press release, Report informs referring to PetrolPlaza.

“OMV Petrom’s entry on this market is a natural development. We believe that natural gas plays an essential role in the energy transition of Romania, especially because we can access these resources,” said Franck Neel, member of the OMV Petrom Executive Board, responsible for Downstream Gas.

“Natural gas has multiple applications in power production, transportation, and industry and can also contribute to reducing emissions and strengthening energy security. And liquefied natural gas represents a cleaner solution for the mobility sector,” Neel added.

OMV Petrom is present on the oil products retail market in Romania and neighboring countries through 790 filling stations, at the end of March 2021, under two brands – OMV and Petrom.