OMV in talks with RWE over stake in Nabucco
OMV CEO Gerhard Roiss says at Vienna press briefing that possible RWE exit won't effect viability of Nabucco pipeline project, Bloomberg reported.
"It is not an issue of control, it's an issue of investment. The shareholders of Nabucco at the end will be the ones who have the gas," Roiss said. "Nabucco has to be commercially viable. We're not going to force any prestige projects. We're too small for that."
"The value of Nabucco is in the intergovernmental agreements. We're still working under the assumption that the intergovernmental agreement holds for Nabucco West," Roiss said.
According to Roiss, OMV will consider building its own pipeline depending upon results of Black Sea natural gas discoveries.
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