Austrian oil and gas company OMV received about 30% of the gas ordered for Austria from Gazprom, said the company.
“Gas volumes on today’s gas day correspond to approximately 30% of the volumes set by OMV for Austria under the contract,” the OMV press service said.
Nord Stream has been operating with restrictions since mid-June and the end of July – only 20% of its daily production capacity of about 170 million cubic meters. The Russian side emphasized that the decrease in supply was only due to sanctions, which caused problems in the maintenance and repair of Siemens gas pumping units.
Recently, only one turbine has provided the job. However, on August 31, its scheduled maintenance began, in which malfunctions were also detected on this engine. Therefore, Gazprom indefinitely stopped the operation of Nord Stream – until the comments about the operation of the equipment disappeared. The Russian company sent a letter to Siemens that the turbine needed to be repaired.
OMV reported on 27 July that the total supply via Nord Stream had dropped to 33 million cubic meters per day (20% of capacity), Gazprom confirmed about 40% of the volumes ordered to it. And on July 22, when deliveries accounted for another 40% of the gas pipeline’s capacity, OMV talked about confirming 50% of the order.
As MRC wrote before, OMV is investing EUR40 million (USD48 million) to expand and modernize a steam cracker and associated units at its refining and petrochemicals complex at Burghausen, Germany. The upgrade will increase the site’s ethylene and propylene production capacity by 50,000 metric tons/year. Following a planned turnaround of the refinery, the revamped cracker and petchem units are expected to start operations in the third quarter of 2022. Initial groundwork is already underway ahead of the upgrade.
OMV produces and markets oil and gas, innovative energy and high-end petrochemical solutions – in a responsible way. With Group sales of EUR 23 bn and a workforce of around 20,000 employees in 2019, OMV Aktiengesellschaft is one of Austria’s largest listed industrial companies.
mrchub.com