OMV Underlines Necessity of Shale Gas Production
Sponsored Content
The Austrian oil and gas group stresses that shale gas may reduce the dependency on Russian natural gas.

Although Austrian citizens clearly reject fracking in Austria, OMV still promotes this controversial energy production method. Last year, enormous shale gas resources were discovered in Northern Austria. After heavy protests, OMV gave up its fracking plans. The profitability of the shale gas production in Austria would have been doubtful anyway.
Nevertheless, OMV´s CEO Gerhard…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
OMV Gives Up Fracking Plans (September 17, 2012)
Roiss Claims Energy Strategy (July 26, 2012)
Austrian E-Control Supports Shale Gas Exploitation (June 13, 2012)
Petrom Analyzes Romania Shale Gas Exploration Potential (March 20, 2012)
OMV Gives In: No Fracking in Austria (March 5, 2012)
Sponsored Content
Read More
ISIN
AT0000743059