OMV Expands in Pakistan

EnergyOil & Gas ♦ Published: October 5, 2012; 18:20 ♦ (Vindobona)

OMV and Latif joint venture partners sign lease deed for the development of Latif gas field in the province of Sindh, Pakistan. Latif field production will contribute around 6,000 boe/d of production to OMV in 2014.

OMV Expands in Pakistan / Picture: © Vindobona.org

On October 4, 2012, OMV and its joint venture partners signed the development and production lease deed for Latif gas field located in the Sindh province of Pakistan. OMV is the operator of Latif concession and holds a 33.34% interest. The other partners in the joint venture are Eni (33.33% interest) and PPL (33.33% interest). The development will comprise of drilling of new…

Fast News Search
ISIN
AT0000743059