Venture global lng jobs10/2/2023 In Chemicals & Materials, OMV through its subsidiary Borealis, is one of the world’s leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals and plastics recycling. With Group sales revenues of EUR 62 bn and a workforce of around 22,300 employees in 2022, OMV is amongst Austria’s largest listed industrial companies. Our most recent Annual Report and Form 20-F and other period filings are available on our website at or can be obtained from the SEC by calling 1-80 or on its website at About OMV Aktiengesellschaft Actual results may differ from those expressed in such statements, depending on a variety of factors including the risk factors set forth in our most recent Annual Report and Form 20-F under "Risk factors" and in any of our more recent public reports. These statements are generally, but not always, identified by the use of words such as 'will', 'expects', 'is expected to', 'aims', 'should', 'may', 'objective', 'is likely to', 'intends', 'believes', 'anticipates', 'plans', 'we see' or similar expressions. This press release contains certain forward-looking statements – that is, statements related to future, not past events and circumstances – which may relate to one or more of the financial condition, results of operations and businesses of bp and certain of the plans and objectives of bp with respect to these items. In order to utilize the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 (the 'PSLRA'), bp is providing the following cautionary statement. It has set out an ambition to be a net zero company by 2050, or sooner and help the world get to net zero, and a strategy for delivering on that ambition. OMV International Media Relations, +43 (1) 6īp’s purpose is to reimagine energy for people and our planet. Europe is a significant LNG market and this agreement with OMV further demonstrates our LNG supply capability in the region, supporting security of supply for our European customers.” We are pleased to conclude this LNG sale and purchase agreement with OMV, with whom we have a longstanding relationship. Jonty Shepard, VP Global LNG Trading & Origination at bp, said “At bp, we see LNG as an essential part of the energy transition and essential for our own pivot to becoming an integrated energy company. Our partnership with bp, spanning a 10-year period from 2026 is an important strategic step towards diversifying and safeguarding our supply sources in the long-term.” In tandem with the recent news regarding our additional gas transport capacities until 2028, our agreement with bp reflects our significant contribution to the security of supply to our customers in Austria and Europe. Under the terms of the agreement, bp will provide OMV with LNG from its diverse and global portfolio of LNG, which will be received and re-gasified through the Gate LNG Terminal in Rotterdam, the Netherlands, where OMV holds regasification capacity, or other terminals in Europe.Īlfred Stern, Chairman of the Executive Board and CEO of OMV AG, said “It is one of OMV’s key priorities to drive forward our ongoing diversification of supply sources that encompasses gas from our own production and external sources from Norway, as well as additional LNG volumes. Covering supply of up to 1 million tonnes of liquefied natural gas (LNG) per year for 10 years from 2026. Bp and OMV today announced the signing of a long-term sale and purchase agreement (SPA).
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