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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: © Vindobona.org

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…

This article includes a total of 97 words.

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