March 7 (LNGJ) - Austrian energy company OMV has paid German utility and energy player Uniper $1.85 billion to acquire its near 25 percent stake in the Russian Yuzhno-Russkoye natural gas field in Western Siberia. The Yuzhno-Russkoye gas field can produce up to 25 billion cubic metres per annum and is the key supplier to the Nord Stream pipeline which supplies Germany directly with Russian gas. The other shareholders in the field are Gazprom and German oil and gas company Wintershall.
OMV Russian gas stake
Written by John McKay
Tuesday, 07 March 2017
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Last modified on Tuesday, 07 March 2017 05:57
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