27 April 2024
OMV widens Russian ops with Siberian gas deal
Publication date: 06 March 2017
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Austria’s OMV is strengthening its Russian production operations after agreeing to buy a stake in a gas field in Siberia from Uniper for USD 1.85 billion.
OMV will purchase a 24.99% interest in the Yuzhno Russkoye natural gas field located in Western Siberia, adding 100,000 boe/d to the company’s current production of around 300,000 boe/d.