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Austria: Harsh Blow for OMV

Published: June 26, 2013; 21:20 · (Vindobona)

The pipeline “Nabucco”, a project with Austrian energy enterprise OMV taking the lead, will not receive gas from the gas field Sha Deniz II. This was announced by the mineral oil company on Wednesday.

Austria: Harsh Blow for OMV / Picture: © OMV AG

The award of contract was given to OMV’s competitor TAP (Trans Adriatic Pipeline) by the international Sha Deniz consortium, as reported by Athenian newspaper Kathimerini (online issue). TAP starts at the Turkish-Bulgarian border and ends in Italy. The competition was closely watched by Europe. With gas from Azerbaijan, the continent intended to become more independent from Russian…

This article includes a total of 444 words.

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