OMV Aktiengesellschaft

EANS-Adhoc: OMV Aktiengesellschaft
Decision on Nabucco West

  ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is solely responsible for the content of this
other/OMV / Oil / Gas / Austria

The Shah Deniz II consortium informed OMV, as a shareholder of NABUCCO Gas
Pipeline International Gmbh (NGPI), about the decision on their preferred gas
transportation route to Europe. The Nabucco West project was not selected by the
consortium. While OMV accepts the decision of the consortium, OMV is of the
opinion that the offer which was submitted by NGPI met all the selection
criteria and was highly competitive.

The decision does not influence OMV's strategy of growing upstream and
integrated gas. OMV intends to play a role in further securing and diversifying
the gas supply to Europe and will assess alternatives to complement the existing
supply routes. OMV believes that a lot of highly valuable work and goodwill has
been put into this project which will pay off in future projects.

Further inquiry note:
Investor Relations:
Lacramioara Diaconu-Pintea
Tel. +43 1 40 440-21600

Media Relations:
Johannes Vetter 
Tel. +43 1 40 440-21357
Internet Homepage:

end of announcement                               euro adhoc 

issuer:      OMV Aktiengesellschaft
             Trabrennstraße  6-8
             A-1020 Wien
phone:       +43 1 40440/21600
FAX:         +43 1 40440/621600
sector:      Oil & Gas - Downstream activities
ISIN:        AT0000743059
indexes:     ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English

Weitere Meldungen: OMV Aktiengesellschaft

Das könnte Sie auch interessieren: