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OMV Considering Closer Cooperation with Azerbaijan
The Austrian oil and gas group is in talks about investments in the oil-rich country which is an important supplier for Nabucco.
OMV Considering Closer Cooperation with Azerbaijan / Picture: © Vindobona.org
CEO Gerhard Roiss met Azerbaijan’s President Ilham Aliyev in Baku this week. On the occasion of this encounter OMV signed a memorandum of understanding for extended cooperation with state-owned SOCAR (State Oil Company of Azerbaijan Republic). According to reports, the talks did not only turn on collaboration in the midstream segment (pipelines), but also in the upstream business…
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