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OMV to retreat from Russia
Austrian mineral oil company OMV wants to focus on Asia and therefore completely retreats its activity from Russia.
OMV to retreat from Russia / Picture: © Gazprom
There are however no announcements on how much oil and gas extraction will be increased.
OMV wants to focus on exploration and production (E&P)fort he upcoming years and therefore will stop its activities in Russia. However there will be a push for growth in Asia says director general Wolfgang Ruttenstorfer. There is no schedule for plans to sell of Russian…
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