Expert warns new sanctions against Russia may drive wedge between US and EUWorld July 28, 8:25
US Senate passes bill toughening anti-Russia sanctionsWorld July 28, 3:10
Launch of Sentinel-5p satellites scheduled for fallScience & Space July 28, 1:01
Russia, China round up joint naval exercise in Baltic SeaMilitary & Defense July 27, 21:27
Chechen leader says he is ready to quit his job to protect al-Aqsa Mosque in JerusalemSociety & Culture July 27, 21:07
Russian tennis star Sharapova granted wildcard for WTA tournament in CincinnatiSport July 27, 20:11
Russia invites Baltic partners to attend naval review in St. PetersburgMilitary & Defense July 27, 19:38
Russia’s new ambassador to Turkey presents his credentials to ErdoganRussian Politics & Diplomacy July 27, 19:03
Deadly wildfires in southern EuropeWorld July 27, 18:20
BERLIN, May 11. /TASS/. Austria’s oil and gas company OMV has decided to invest 1.75 billion euros in gas production in Siberia this year, the company’s CEO Rainer Seele said at a panel discussion held at the Russian embassy in Berlin.
"We, OMV, have decided to invest 1.75 billion euros in Russia this year in order to engage in gas production in Siberia," he said.
Seele stressed that next year the company will invest billions in the development of one more gas field. "Austria has been importing gas from Russia for 50 years, and there is no reason to question the safety of supplies from Russia," he said.
Seele also said that OMV is interested in additional purchases of gas from Russian gas giant Gazprom this summer.
"We are interested in attracting additional volumes of gas from Gazprom in summer months, because we need bigger volumes of gas due to the cold winter," he said. He did not specify volumes the Austrian company intends to buy from Gazprom.