Ad-hoc report - Start of commercial operations at the Brazi power plant
In compliance with Capital Markets Law no. 297/2004 and Regulation no.1/2006 of NSC
Date of report: August 2, 2012
Name of issuer: OMV Petrom S.A.
Headquarters: Bucharest, Coralilor Street nr. 22, sector 1 ("Petrom City")
Telephone/fax number: +40 372 429082/ +40 372 868518
Sole registration number at the Trade Register Office: 1590082
Fiscal attribute: R
Trade Register Number: J 40/8302/1997
Share capital: 5,664,410,833.5 RON
Regulated market on which the issued shares are traded: Bucharest Stock Exchange
Significant event to be reported:
Testing completion at Brazi power plant and start of commercial operations
Petrom, the largest oil and gas producer in Southeastern Europe, announces testing completion at Brazi power plant and beginning of commercial operations. Starting August 1, 2012, the plant can deliver on commercial basis electricity to the national grid, depending on power market and prevailing regulatory environment in Romania.
With a capacity of 860 MW and over EUR 500 mn investments, the Brazi power plant is the largest private power generation greenfield project in Romania in the last 20 years. Operated at maximum capacity, the power plant could cover 8-9% of the electricity market.