Romania's Oil Terminal sees 2014 gross profit down 36%

Oil Terminal sees its revenues at 99.88 million lei this year, while total costs are expected to total 98.63 million lei, the government said in a statement after approving the company's budget for 2014.

Oil Terminal (www.oil-terminal.com), based in the Black Sea port city of Constanta in southeastern Romania, is active in the storage, conditioning and shipping of crude oil, fuel oil and other liquid fuels.

(1 euro = 4.4891 Romanian lei)