In Downstream, OMV operates three refineries in Europe and owns a 15% share in ADNOC Refining and Trading JV, with a total annual processing capacity of 24.9 mn tons. Furthermore, OMV has a 75% participation in Borealis, one of the world’s leading producers of polyolefins. The Company operates about 2,100 filling stations in ten European countries. OMV runs gas storage facilities in Austria and Germany. In 2019, gas sales volumes amounted to around 137 TWh. Sustainability is an integral part of OMV’s corporate strategy. OMV supports the transition to a lower-carbon economy and has set measurable targets for reducing carbon intensity and introducing new energy and petrochemical solutions.
Key Figures Q2 2020
Downstream Oil refines and markets fuel products and petrochemicals. It operates three competitive inland refineries with an annual capacity of 17.8 mn t in Austria, Germany and Romania. In Austria and Germany, OMV is forward integrated into petrochemicals. The total annual petrochemical production capacity
amounts to 2.5 mn t. OMV holds a strong position in the markets located within the areas of its supply, serving commercial customers and supplying a retail network of around 2.100 filling stations.
Downstream Gas operates across the gas value chain from the wellhead to the end customer with a fully integrated sales and logistics business. OMV engages in the regulated gas transportation business in Austria with a share in the infrastructure company Gas Connect Austria and operates storage capacities in Austria and Germany. Its activities also cover the non-regulated business supply, marketing and trading of gas in Europe and Turkey as well as financing of the Nord Stream 2 pipeline development. Downstream Gas includes the Group’s power business activities, with a gas-fired power plant in Romania.