OMV Starts Production at Austria’s Largest Gas Field in 40 Years

OMV has begun gas production at Wittau, Austria’s largest natural gas discovery in 40 years, with an initial output of around 11 TWh (≈1 billion cubic meters) in the first phase.
Total recoverable resources are estimated at up to 48 TWh, which could significantly expand domestic gas supply and double OMV’s production in Austria.
The project has seen investments of approximately €150 million, with potential additional investment reaching €500 million, depending on market conditions.

 

Read more here: https://www.segabg.com/hot/category-economy/omv-zapochva-dobiv-nay-golyamoto-gazovo-nahodishte-avstriya

 

Source:  segabg.com