Nobel Oil opens its first filling station in Europe

Baku, Azerbaijan, Nov. 20

By Maksim Tsurkov - Trend:

Nobel Oil Downstream Romania has announced the opening of its first filling station in the country, said the message of the company Nov.20.

Nobel Oil informs that the brand new ultra-modern Nobel Oil petrol station, estimated to serve 1200 vehicles per day, was officially launched in the northeastern city of Iaşi.

The opening ceremony was attended by the Vice-Mayor Mihai Chirica, representatives of the local business community and Gustaf Nobel, member of the Board of Directors of Nobel Oil Services (UK) Ltd and the great grandson of Ludvig Nobel, one of the founders of the legendary BraNobel Oil company.

The Nobel Oil filling station is situated on the businest transport artery of the city, Bd. Nicolae Iorga 6M. Innovative station comprises of three dispensing units capable of servicing six vehicles at a time.

In line with Nobel Oil Downstream's corporate social responsibility principles, the station's rooftop is designed in an innovative manner allowing it to be composed of photovoltaic panels, thus covering energy needs of the station itself and operating independently from local power distribution networks.

Nobel Oil filling stations have several other unique features. It is the first station in Romania to offer the Outside Pyament Terminals (OPTs) allowing customers to use both payment cards and cash.

Nobel Oil has partnered with global market leader in the logistics, DHL, to provide express deliveries and courier services at its stations.

Customers will also be able to purchase groceries and essential commodities at competitive prices at Nobel Shop.

Michael Wring, Chief Executive of Nobel Oil Services (UK) Ltd, highlighted that opening of its first station in Romania is an evident reflection of Nobel Oil Services' growth strategy.

"This project in the downstream segment in Romania is the first of its kind for us and reflects the company's desire to diversify and seek for new markets and opportunities," he said. "We believe in the success of this venture, which will enhance Nobel Oil's position as a dynamic and growing group of energy related businesses".

John Long, Managing Director of Nobel Oil Downstream Romania said that the prevailing current market conditions in Romania indicate that there is room for another 200 to 300 stations. "We will be taking advantage of this window of opportunity and intend to peak on prime locations in major cities throughout the country."

Nobel Oil Downstream Romania plans to have a nationwide presence by 2018.

Nobel Oil Downstream Romania is a subsidiary of Nobel Oil Services UK Ltd, one of the leading providers of drilling, engineering and project management, maintenance, procurement and enhanced oil recovery services in the Caspian region. The company's trading group is active internationally in the sale and trading of crude oil, natural gas and refined products.

---

Follow the author on Twitter: @MaksimTsurkov