Gazprom-OMV deal exclude Romania OMV refinery
Romanian and Austrian media have speculated that the exchange could include two refineries from Romania and Austria.
The asset exchange between Austrian group OMV, the majority shareholder of OMV Petrom, and Russian oil&gas giant Gazprom doesn’t include assets owned by OMV in Romania.
The exchange will include only assets held by OMV in the North Sea and the Norwegian Sea, said OMV CEO Rainer Seele, reports local Profit.ro.
The asset swap will be completed by the end of the year, said the Gazprom CEO Alexei Miller.
OMV and Gazprom agreed on a possible exchange of assets in September last year. OMV will get a stake of 25% in the Urengoy gas deposit in Siberia, in exchange for its assets in the North Sea and the Norwegian Sea.
The Romanian and Austrian media have speculated that the exchange could include two refineries from Romania and Austria. The rumors, however, have proven false.
Source: Romania insider
Latest Posts
- Serbia, The real plans of the Jadar project
- Eurasian Resources Group highly commends the publication of the Critical Raw Materials Act
- Rio Tinto has spent more than a million euros on land in Serbia at the proposed site of a lithium mine that was eventually cancelled a year ago
- A new grievance mechanism for Chinese overseas mining needs to be free to use
- Europe revives mining to reduce dependence on the import of key raw materials, supply from Serbia as competitive choice
Popular Post
- Avala Resources shareholders invited to approve transaction with Dundee, copper-gold projects in Serbia
- Serbia, The real plans of the Jadar project
- Rosia Montana in Romania, UNESCO protection and value of civic action
- How valuable is Kosovo’s mineral wealth?
- Canadian mining companies in Europe & ISDS
- Europe revives mining to reduce dependence on the import of key raw materials, supply from Serbia as competitive choice
- Eurasian Resources Group highly commends the publication of the Critical Raw Materials Act
- Gazprom-OMV deal exclude Romania OMV refinery
- What Are The Major Natural Resources Of Macedonia?
- A new grievance mechanism for Chinese overseas mining needs to be free to use