Checkout CBN’s letter to Skye Bank
Omv secures additional european gas transmission and pipeline capacities until 2028
The listed oil and gas group OMV has successfully secured additional European gas transport capacities and gas pipeline capacities. This measure serves to secure Austria's gas supply and enables OMV to meet its delivery obligations in the medium term. In this year's annual auction, OMV was awarded gas transportation capacities of approximately 40 terawatt hours (TWh) per year for the period from October 2023 to September 2026. In addition, it secured capacities of approximately 20 TWh per year for the period from October 2026 to September 2028. The border transfer points for the gas are Oberkappel via Germany and Arnoldstein via Italy. These capacities, together with OMV's alternative non-Russian gas sources, ensure secure delivery to its contract customers. OMV continues to diversify by expanding its gas supply sources. This includes both own production and purchases from Norway as well as additional LNG volumes. As a result, OMV continues to make a significant contribu...
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