OMV, ADNOC sign LNG MoU
Austria’s OMV and the Abu Dhabi National Oil Company (ADNOC) on October 27 signed a memorandum of understanding (MoU) to explore a partnership in the supply of LNG.
According to the MoU, ADNOC will look to supply one LNG cargo to OMV for the winter season of 2023/2024.
“We take an important step in further intensifying our strong partnership between OMV and ADNOC. At the same time, this agreement is another building block in our efforts to strengthen Austria´s energy supply by diversifying gas sources in our portfolio,” OMV CEO Alfred Stern said.
Austria has been looking for alternative sources of natural gas since Russia's invasion of Ukraine.
The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business.