Energy - Oil & Gas

OMV to Expand Production

Published: November 22, 2012; 19:48 · (Vindobona)

Until 2016, the Austrian gas and oil group intends to enhance the daily production up to 350,000 barrels.

OMV to Expand Production / Picture: © Flickr

The current production comes at 300,000 barrels per day, OMV´s CEO Gerhard Roiss explains. In order to reach 350,000 barrels per day, a number of projects have to be realized, Roiss says. The production in Hungary and in Austria is going down. In Libya, the production will stagnate at a high level, Roiss explains. Besides that, the production in Yemen is running rather bumpy. As a…

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OMV to Expand Production

Until 2016, the Austrian gas and oil group intends to enhance the daily production up to 350,000 barrels.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.