OMV: Libyan Output at Pre-War Level

Energy › Oil & Gas ♦ Published: July 20, 2012; 15:05 ♦ (Vindobona)

The Austrian oil company could increase its oil production in the second quarter. OMV has to register extraordinary expenses of € 170m.

OMV: Libyan Output at Pre-War Level / Picture: © Vindobona.org

In the second quarter of OMV´s financial year, oil production was up further. In Libya, the pre-war level is almost achieved. In February 2011, OMV left Libya for a few months and began oil exploration works slowly.

At the moment, OMV´s oil production reaches about 90% of the pre-war level. In January, the quota was about 60%. At the end of 2012, OMV aims to reach the old…

or Log In

Fast News Search
Related News
OMV: No Withdrawal from Germany (July 19, 2012)
OMV Resumes Production Works in Yemen (July 17, 2012)
OMV Steps into Deep Water Gas Development in Northern Norwegian Sea (July 13, 2012)
Libya: Austrian Companies Face Losses of € 200m (July 4, 2012)
OMV Invests in Renewable Energy (July 3, 2012)
Read More
OMV, Libya, Oil Industry, Yemen, Romania, New Zealand
ISIN
AT0000743059
Featured
List of National Days of the Home Countries of All Foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter