OMV Group

OMV GROUP
www.omv.com

Contact Information
OMV Gas & Power GmbH
Trabrennstraße 6-8
1020 Vienna
Austria
T: +43 1 40440-0
F: +43 1 40440-28791
E-mail: info.gp@nullomv.com

OMV Gas & Power GmbH Representation Turkmenistan
86, Garashsyzlyk Shayoly
744013 Ashgabat
Turkmenistan
T: +993 (12) 211431
F: +993 (12) 210772
E-mail: info.gp@nullomv.com

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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[i] Energy-pedia News (2 Aug. 2007).
[ii] AYAN, “President of Turkmenistan Receives CEO of Austrian OMV,” 19 Nov. 2008,http://www.turkmenistan-business.com/en/politics/228-president-of-turkmenistan-receives-ceo.html. Accessed January 11, 2011.

[iii] H. Hasanov, “OMV Strives to Implement Oil and Gas Projects in Turkmenistan,” Trend Daily Economic News, 16 Feb. 2010, http://en.trend.az/capital/energy/1641324.html. Accessed January 10, 2011.

[iv] RWE AG, Nabucco Gas Pipeline Project,http://www.rwe.com/web/cms/en/257318/rwe/press-news/archive/special-nabucco/nabucco-gas-pipeline-project/. Accessed December 6, 2010.

[vi] 17th Turkmenistan International Oil and Gas Conference, “Sponsors,” Turkmenistan International Oil and Gas Conference; http://www.oilgasturkmenistan.com/sponsors. Accessed July 5, 2012.