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OMV and RWE Talk About Stakes in Nabucco

Published: December 8, 2012; 00:02 · (Vindobona)

The German energy group plans sells its shares to Austrian OMV. OMV´s CEO Roiss expects that the consortium of Nabucco will change.

OMV and RWE Talk About Stakes in Nabucco / Picture: © Flickr

For Nabucco, RWE´s exit is another serious setback. The construction of the first expansion stage is planned in 2017. Another delay is not excluded. In spring, RWE considered leaving the natural gas pipeline project. Now, RWE makes its announcement come true. The German energy group controls 16.6% of the gas pipeline project.

RWE´s interest in Nabucco is expected to be held by…

This article includes a total of 242 words.

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