OMV Secures Additional European Gas Transmission and Pipeline Capacities until 2028

PeoplePoliticians ♦ Published: July 12, 2023; 14:55 ♦ (Vindobona)

The listed oil and gas group OMV has successfully secured additional European gas transport capacities and gas pipeline capacities. This measure serves to secure Austria's gas supply and enables OMV to meet its delivery obligations in the medium term.

In its efforts to diversify suppliers, OMV was able to secure additional European gas transport capacity to Austria. / Picture: © Wikimedia Commons / DanielZanetti / CC BY 3.0 (https://creativecommons.org/licenses/by/3.0)

In this year's annual auction, OMV was awarded gas transportation capacities of approximately 40 terawatt hours (TWh) per year for the period from October 2023 to September 2026. In addition, it secured capacities of approximately 20 TWh per year for the period from October 2026 to September 2028. The border transfer points for the gas are Oberkappel via Germany and Arnoldstein via…