Statement on OMV’s production in Libya
July 9, 2013 - 12:00 am (CET)
Due to the current political situation in Libya, most of OMV’ s production in the country has been shut-in since June 25, 2013. In 2012, Libya contributed approximately 30,000 boe/d to OMV’s total production of 303,000 boe/d. OMV is closely monitoring the situation.
Background information:
OMV Aktiengesellschaft
With Group sales of EUR 43 bn and a workforce of 28,658 employees as of year-end 2012 and a market capitalization of approx. EUR 11 bn as of March 31, 2013, OMV Aktiengesellschaft is Austria’s largest listed industrial company. In Exploration and Production, OMV is active in two core countries, Romania and Austria, and holds a balanced international portfolio. OMV had proven oil and gas reserves of approx. 1.12 bn boe as of year-end 2012 and a production of around 303 kboe/d in 2012. In Gas and Power, OMV sold approx. 437 TWh of gas in 2012. OMV operates a 2,000 km long gas pipeline network in Austria with a marketed capacity of approx. 103 bcm in 2012. OMV’s gas trading platform, the Central European Gas Hub, is established as an important gas trading platform on the gas routes from East to West, with a trading volume of around 528 TWh in 2012. The gas-fired power plant Brazi (Romania) started commercial operations in August 2012. In Refining and Marketing, OMV has an annual refining capacity of 22 mn t and, as of year-end 2012, approx. 4,400 filling stations in 13 countries. OMV holds a 51% stake in the Romanian energy company OMV Petrom S.A., a 36% stake in Borealis AG, one of the world’s leading producers of polyolefins, 45% of the refining network Bayernoil and a 97% stake in Petrol Ofisi, Turkey’s leading company in the oil products retail and commercial business.
Next result announcement: January – June and Q2 2013 on August 13, 2013