Gazprom, OMV talk gas cooperation

Gazprom, OMV talk gas cooperation

Gazprom’s head Alexey Miller met with Rainer Seele, Chairman of the OMV Executive Board to discuss bilateral cooperation.

The parties particularly addressed gas supplies to Austria as well as the implementation of the Nord Stream II project, Gazprom said in a statement.

Earlier in September, Gazprom, E.ON, Shell, OMV, BASF and ENGIE inked the shareholders agreement to construct the Nord Stream II gas pipeline system with the capacity of 55 billion cubic meters of gas a year from Russia to Germany across the Baltic Sea.

In addition, the meeting participants discussed a possible asset swap. The two companies already signed an agreement on the asset swap according to which OMV will acquire a 24.98 percent stake in the project for developing Blocks 4A and 5A of the Achimov deposits at the Urengoy oil, gas and condensate field in exchange for Gazprom’s participating interest in OMV.

 

LNG World news Staff; Image: Gazprom

Share this article

Follow LNG World News

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >