TODAY.AZ / Business

OMV expects Shah Deniz consortium’s decision by mid 2012

08 December 2011 [20:17] - TODAY.AZ
The Austrian OMV expects the decision from the consortium of Azerbaijani Shah Deniz gas condensate field development on the preferable transportation route in the second quarter of 2012, Bloomberg reported referring to the company's Chief Executive Officer.

Gas, which will be produced during the second stage of Shah Deniz field development is considered as the main source for the projects within the Southern gas Corridor projects.OMV is one of the shareholders in Nabucco gas pipeline project which is designed to transport gas from the Caspian region and Middle East to the European countries.


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