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Rompetrol, Total to Invest $35 Million in Oil Storage, ZF Says

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Jan. 25 (Bloomberg) -- Romania’s second-largest oil company Rompetrol Group NV partnered with France’s Total SA to build an oil storage facility in the French town of Port la Nouvelle, Ziarul Financiar reported.

The two companies will invest about $35 million in the facility, which will be built by 2013, the Bucharest-based newspaper cited Titov Buzescu, Rompetrol’s retail vice-president, as saying.

To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net.

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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