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OMV Discovered Major Gas Field in Austria

Published: November 26, 2011; 15:42 · (Vindobona)

The Austrian oil and gas group OMV found a major gas field in Northern Lower Austria. The gas could cover the domestic gas demand for 30 years.

OMV Discovered Major Gas Field in Austria / Picture: © Flickr

The OMV had a promising discovery this week: a major shale gas field in the Northern Lower Austria, which is well-known for its wine-culture, could cover the entire Austrian demand for gas for the next 30 years. Currently, Austria can cover only 15% of its gas demand by domestic sources. Now, OMV is looking for appropriate exploitation methods.

The gas field is located in a depth…

This article includes a total of 231 words.

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