OMV CEO Confident of EU Nod for Nord Stream


VIENNA, Aug 12 (Reuters) – Austrian oil and gas group OMV Chief Executive Rainer Seele expects the European Commission to give the green light for the Nord Stream 2 gas pipeline project from Russia to Central Europe, he told a news conference on Wednesday.

Gazprom's current partners in Nord Stream 2, a planned pipeline to German under the Baltic Sea, are Anglo-Dutch Shell, Germany's E.ON and OMV.

Russian energy giant Gazprom scrapped its South Stream pipeline project, in which OMV had also planned to participate, after the Commission held back permission for the project.

(Reporting by Shadia Nasralla; Editing by Georgina Prodhan)

Copyright 2016 Thomson Reuters. Click for Restrictions.


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Technical Superintendent
Expertise: Ships Engineer
Location: New York, NY
Port Engineer
Expertise: Marine Supervisor
Location: Houston, TX
Artificial Lift - Cable Technician
Expertise: Heavy Machinery Operator
Location: Midland
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours