OMV transports gas in pipelines, offers hub services for gas, stores gas, deals in gas and is active in gas mobility.
Gas Connect Austria GmbH is Europe’s gas transportation partner in Austria and a central hub in the European gas network. Being both a transmission and distribution system operator, Gas Connect Austria is also responsible for the marketing and provision of transport capacity at border points, so called entry and exit capacities, and the transport capacity required for domestic natural gas demand.
Gas Connect Austria operates an approximately 900 km long natural gas high-pressure pipeline grid in Austria with an entry/exit volume of 150 billion cubic meters per year. OMV owns a 51% share of Gas Connect Austria GmbH.
Gas Connect Austria GmbH
Gas Connect Austria GmbH with headquarters in Vienna is the leading hub for gas trade in Central and Eastern Europe. It provides its customers with the Virtual Trading Point (VTP) to carry out their gas trading activities in the entry/exit zone of the Austrian market. Together with the successfully established OTC trade, CEGH also offers gas exchange products for the Austrian and Czech markets via the pan European gas trading platform PEGAS. CEGH is a subsidiary of OMV Gas & Power (65 %), Wiener Börse (20%) and the Slovakian Eustream (15%). In 2018, CEGH reach a trade volume of 659 TWh gas, which is equivalent to 7 times Austria’s annual natural gas consumption. At the PEGAS CEGH Gas Exchange Market in Austria, a total of 133 TWh gas was traded in 2018. With this, CEGH was able to position itself as a leading gas trading platform in Central Europe.
Central European Gas Hub AG
OMV provides more than 2 billion cubic meters (30 TWh) of storage capacity in both Austria and Germany and can thus quickly and effectively respond to any seasonal supply fluctuations or short term supply disruptions. About a quarter of Austria’s annual gas demand can be stored in the OMV storage sites Tallesbrunn and Schönkirchen-Reyersdorf. The OMV salt cavern storage site Etzel in Northwest Germany has particularly high injection and withdrawal rates.
OMV Gas Storage GmbH and OMV Gas Storage Germany GmbH are 100% owned by OMV.
OMV Gas Storage GmbH
In the relevant markets, the respective subsidiaries market gas and power to final consumers: OMV Gas Marketing & Trading offers business customers in Austria and neighboring countries custom-made and flexible energy solutions while OMV Petrom SA and its subsidiary OMV Petrom Gas SRL focus on the Romanian market. In 2018, 114 TWh gas were marketed and sold in 8 European countries and Turkey.
Gas solutions at eye level:
Our Romanian subsidiary:
OMV’s innovation mission also focuses on developing solutions that improve the carbon efficiency of our products and services. We acknowledge climate change as one of the key challenges for our industry, and responding to it calls for a number of parallel approaches. Among other things, we focus our activities and resources on future energy in the transport sector.
For heavy transport, this essentially means gas mobility through CNG (Compressed Natural Gas) and LNG (Liquefied Natural Gas). Electro mobility with state-of-the-art e-charging stations as well as H2 (hydrogen) complete our offer.
With these initiatives, OMV is committed to supporting the United Nations Sustainable Development Goals (SDGs), particularly in the areas (7) Affordable and clean energy, (9) Industry, innovation and infrastructure and (12) Responsible consumption and production.