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Romania's OMV Petrom launches gas supply services platform for SMEs

Romania's OMV Petrom launches gas supply services platform for SMEs Source: OMV Petrom

BUCHAREST (Romania), September 1 (SeeNews) - Romanian oil and gas group OMV Petrom [BSE:SNP] said on Wednesday that it has launched a digital platform for gas supply services for small and medium enterprises

Through the platform, Utilio.ro, clients and legal entities will be able to conclude agreements for gas supply from OMV Petrom, the company said in a press release.

For a new client, the estimated time for concluding and validating a natural gas supply contract on the platform is 20 minutes.

With the help of the platform, the natural gas supply services of OMV Petrom can be customised and the clients legal entities benefit from an efficient control of consumption, a high degree of cost predictability and extended payment terms.

OMV Petrom is the largest integrated energy company in Southeast Europe, with an annual group hydrocarbon production of 53 million boe in 2020. The group has a refining capacity of 4.5 million tonnes per year and is present on the oil products retail market in Romania and neighboring countries through 789 filling stations as at the end of June, under two brands – OMV and Petrom.

OMV Petrom's shares traded 1.48% higher at 0.4465 lei ($0.10/ 0.08 euro) as at 1022 CET on Wednesday on the BVB.

(1 euro=4.9348 lei)

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