Latest news
OMV, Gazprom modify gas supply contract stipulations
Austrian energy conglomerate OMV and Russian natural gas exporter Gazprom have decided to modify a long-term deal for gas supplies, as stated by OMV on Wednesday, but no more details have been disclosed.
read more... 29/01/2015
OMV observes sluggish European gas market for years
Austrian energy group OMV anticipates limited growth in Europe's gas market for the rest of the decade since slow economies reduce demand, as stated by the manager of its gas business.
read more... 27/10/2014
Vienna: OMV and Gazprom ink South Stream construction deal
Austria’s OMV and Russia’s gas giant Gazprom signed on June 24 an agreement envisaging the parties' cooperation in the construction of the South Stream gas pipeline, the Austrian section.
read more... 26/06/2014
Austrian OMV bought shares in Nabucco gas pipeline
Austrian OMV has acquired shares in the Nabucco West gas pipeline project from German RWE on 14 April. Both RWE and OMV have confirmed the deal but they didn’t provide any other information.
read more... 15/04/2013
Construction of Nabucco pipeline may be completed by 2018
Construction of the Nabucco natural gas pipeline to transport gas from the Caspian region to Europe may start in 2015 and could be completed by 2018, said OMV, one of the Nabucco operators at the annual shareholder meeting.
read more... 14/05/2012