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OMV and ADNOC sign MoU

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OMV and the Abu Dhabi National Oil Company (ADNOC) signed a Memorandum of Understanding (MoU) to explore new partnership in deliveries for LNG. The signing of the agreements took place in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates and Ruler of Abu Dhabi and His Excellency Karl Nehammer, Federal Chancellor of Austria.

The agreement was signed by His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, and Alfred Stern, Chairman of the Executive Board and CEO of OMV Aktiengesellschaft.

With this MoU OMV and ADNOC intend to explore a partnership in LNG supply to support energy supply security of Austria with the aim of arranging the purchase of one LNG cargo for the winter season 2023/2024.

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