Posted at 11/12/19, 10:07 AM Press releases

Modern automated vapor recovery system, implemented at Vega refinery

Innovative Environmental Oil Refinery, a member company of the IEORT Innovative Group, has launched a new fully automated vapor recovery unit at the auto and rail loading points in the Vega refinery.

Innovative Environmental Oil Refinery, a member company of the IEORT Innovative Group, has launched a new fully automated vapor recovery unit at the auto and rail loading points in the Vega refinery. The 2.3 million USD investment effort aims at reducing the impact of the operational activities on the environment and communities in the area.

The investment thus completes the general plan of actions carried out by Innovative Environmental Oil Refinery for the optimization, efficiency and compliance of the operational processes. The installation was put into operation, complying with all the norms in the field.

"We are investing in the implementation of the most modern and safe technologies, aimed at continuously reducing the impact that the Vega refinery has on the environment. The ongoing projects, together with the investments destined to streamline the production processes, will be able to ensure a positive course for Vega refinery, in the trend of the last years, in which remarkable results have been obtained”, said Yedil Utekov, General Manager of Innovative Environmental Oil Refinery.

The vapor recovery unit complies with all the environmental requirements in the field of emissions of volatile organic compounds, resulting from the operations of loading and unloading of petroleum products in the automotive and rail ramps of the Vega refinery. The works were carried out under the coordination of Rominserv (the general contractor of the IEORT Innovative Group), the central equipment of the installation was provided by a major French company and now operates automatically.

The fully automated equipment consists of four loading stations in the CF ramp and three stations in the car ramp, these being equipped with modern steam loading and recovery arms, electrical equipment and control, command and surveillance apparatus. The plant is designed for a capacity of 300 mc/h, and the maximum emissions in the atmosphere of the compounds do not exceed the values ​​imposed by the profile authorities.

In 2018, Vega Ploieşti refinery, obtained eight operational records, including processed raw material (406,000 tons), hexane production (over 84,500 tons) or solvent production (43,500 tons).

Vega works in perfect synergy with the Petromidia Năvodari refinery, the largest in Romania and one of the most modern in the Black Sea region. Thus, Petromidia fully supplies to the refinery in Ploieşti the raw/semi-manufactured materials necessary to obtain special products with a high added value. The two refineries are operated by Innovative Environmental Oil Refinery, one of the most important contributors to Romania's state budget.

The main shareholders of Innovative Environmental Oil Refinery SA are IEORT Innovative (54.63% - directly and indirectly) and the Romanian State through the Ministry of Energy (44.69%).