Calik Enerji is the general contractor of the Petromidia new cogeneration plant

The Kazakh-Romanian Energy Investment Fund (FIEKR) signed with Calik Enerji (Turkey) the EPC (Engineering, Procurement and Construction) contract for the turnkey construction of the cogeneration plant on the Petromidia platform.

FIEKR is owned by KMG International and the Romanian State through Societatea de Administrare a Participațiilor în Energie – SAPE.

The total investment of the fund in this project amounts to about 148 million USD, the estimated term for the commissioning of the new plant being in the first half of 2023.

The activities will start in the last quarter of this year, the first phase aiming land preparation and engineering works.

The new combined electricity and heat production plant will use natural gas as the main fuel and will have two high-efficiency, high-performance Siemens turbines and two heat recovery boilers in the technical configuration.

They will generate about 80 MW of electricity, of which about 60-70 MW to fully cover the Petromidia platform’s electricity needs, up to 180 tons/hour of technological steam, and up to 20 MW of hot water for Navodari’s heating system.

Rompetrol Energy is majority owned by the Kazakh-Romanian Energy Investment Fund, together with KMG International, Rominserv and the Midia Thermal Power Plant.

With a duration of 7 years, the Kazakh-Romanian Energy Investment Fund was established in October 2018 by KMG International and Societatea de Administrare a Participațiilor în Energie, its main and strategic objective being the development of energy projects in Romania.

Currently, the total level of investments of the Fund for approved energy projects amounts to 290 million USD.

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