Middle East Economic Survey


No 5



OMV Sees Nabucco Investment Decision By End-2010

Werner Auli, head of OMVs Oil and Gas division, told a conference in Vienna on 26 January that the Nabucco gas pipeline consortium would undertake an open season allocation of gas capacity during July-October this year, with a view to reaching a final investment decision on investment by the end of 2010. We have good indications that there is a lot of demand there, he said....