OMV Gas & Power GmbH
T: +43 1 40440-0
F: +43 1 40440-28791
OMV Gas & Power GmbH Representation Turkmenistan
86, Garashsyzlyk Shayoly
T: +993 (12) 211431
F: +993 (12) 210772
History in Turkmenistan
OMV Group has been trying to tap into Turkmenistan’s oil and gas exploration and production market for a number of years. In 2007, it was reported that OMV Group had partnered with the International Petroleum Investment Company (IPIC) of the United Arab Emirates and Royal Dutch Shell to develop proposals for energy projects in Turkmenistan.[i] In November 2008, OMV’s Director General Wolfgang Ruttensdorfer met with President Berdymukhammedov and the two expressed mutual desire to develop collaboration in the energy sector.[ii]
Current Scope of Operations
In February 2010, Wolfgang Ruttensdorfer again met with President Berdymukhammedov to discuss potential areas for future cooperation, and the company made a public statement about its intention to seek energy projects in Turkmenistan.[iii]
OMV Group is one of the shareholders in the Nabucco Gas Pipeline Project, holding a 16.67 percent share, like fellow shareholders, MOL (Hungary), Transgaz (Romania), Bulgarian Energy Holding (Bulgaria) and BOTAS (Turkey), and RWE (Germany).[iv]
(Equal shares are held by all of the other shareholders: Botas AS, Bulgarian Energy Holding EAD, MOL Plc, RWE AG, Transgaz S.A.).[v] More information about Nabucco can be found in the report itself.
OMV was one of the “Bronze Sponsors” of the 2010 Turkmenistan International Oil & Gas Conference, a “Bronze Sponsor” of the 2011 Turkmenistan Gas Conference, and a bronze sponsor of the 2012 Turkmenistan International Oil & Gas Conference.[vi]
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