Title: NABUCCO Gas Pipeline Project
1NABUCCO Gas Pipeline Project
10th CEI Summit Economic Forum Energy
infrastructure Session Gottfried Steiner OMV
Gas International
2OMV Group
- Exploration and Production
- Worldwide activities in 6 core regions
- Production 324,000 boe/d (52 oil - 48 gas)
- Reserves 1,289 mn boe (57 oil - 43 gas)
- Refining and Marketing incl. petrochemicals
- Active in 13 Central European countries (market
share 20) - 5 refineries with capacity of 26.4 mn t (540,000
boe/d) - Marketing 2,540 retail stations
- 35 Borealis (2 polyolefins producers in Europe)
- App. 2,000 km pipeline system (44.5 bcm
transport capacity) - 1/3 of Russian exports via Baumgarten to Western
Europe - Gas sales 14.1 bcm
- 50 of EconGas GmbH
3OMV in Bulgaria
- OMV Bulgaria OOD
- Market share of 18
- 88 filling stations
- 80 VIVA shops
- Exploration and Production
- OMV (Bulgaria) Offshore Exploration GmbH Branch
Bulgaria - Project "Varna Deep Sea"
- OMV Gas International
- Representative office in Bulgaria
4Forecast of Gas Supply Europe
1)
816
in billion m³
502
Source Observatoire Méditeranéen de lÉnergie
2006
1) EU 25, Balkan states and Switzerland
5OMV - Best Positioned to Meet the Energy Challenge
- Best integrated company (upstream/downstream for
oil and gas) - Strongest downstream position in CEE oil and gas
markets - Long lasting cooperation with Gazprom
- Long term access to supply sources (1/3 of
Russian supply for Western Europe through
Baumgarten), access to equity gas - Transit capacities on main routes and long term
storage capacities - Strongest commitment to Corporate Social
Responsibility
Downstream Activities (RM and Gas)
Gas supply
Exploration Production
Oil supply
Exploration only
6Nabucco Gas Pipeline Project Construction
Construction Step I
Constr. Step II
Phase 1 Phase 2
O p e r a t i o n
7Nabucco Gas Pipeline Project Gas Supply Sources
Baumgarten
Russia
Romania
Black Sea
Caspian Region Turkmenistan Kazakhstan Azerbaijan
Egypt
Iran
Iraq
8What Nabucco will bring for Bulgaria
- Nabucco will help to diversify sources of natural
gas for Bulgaria - Bulgarian gas demand will increase from 3.7 bcm
in the year 2006 to 5 bcm in the year 2015 - Nabucco will give Bulgaria the opportunity to
become an Energy hub and a turntable in Southeast
Europe - Nabucco is not an alternative to other natural
gas projects like South Stream but a necessary
completion to bring gas to Bulgaria and further
on to Central Europe - Nabucco is a precondition for the establishment
of a competitive and liberalized energy sector in
Bulgaria - Increase of available gas for sales
- Investments in storage become more attractive
- Competitive gas market increases security of
supply and usually lowers prices for natural gas
9What Nabucco will bring for Europe
- Nabucco Gas Pipeline supporting the European
Energy Market - Improving competition50 of the capacity will
be auctioned among the shareholders,50 with
full Third Party access - Improving liquidity 10 of the capacity will
be assigned to short term contracts - Meeting demand of the market Expansion of the
system if long term capacity request exceeds the
technical max. capacity - One-stop-shop principle
- EU appointed a Coordinator for supporting the
Nabucco Gas Pipeline which is among the main
important EU energy projects
10Thank you for your attention!
OMV Gas International GmbH DI Gottfried
Steiner floridotower Floridsdorfer Hauptstr.
1 1210 Wien Tel. 43-1-27500 www.omv.com